BlackRock's Rieder says ~6% bond income achievable vs ~2.5% inflation

BlackRock's Rick Rieder said fixed income could deliver a stable ~6% income stream against ~2.5% inflation, per Jan. 28, 2026 commentary. That implies roughly 3.5 points of income above inflation before fees and taxes. I see the appeal as steady cash flow, not a call for bond prices to surge.