Karen Verra, Head of iShares US Fixed Income at BlackRock, dives into the nuances of managing bond duration in fluctuating interest rate environments. She highlights how longer-duration bonds typically offer higher yields but also pose greater risks during rising rates. Verra discusses strategies for capitalizing on interest rate changes, including the shift towards short-duration investments and utilizing bond ladders. The conversation also touches on the unprecedented market challenges of 2022 and strategies for protecting portfolios in uncertain times.