The Fed should pull back 'excessive emergency conditions' that have become a market risk, BlackRock's Rick Rieder says

REUTERS/Brendan McDermid
Rick Rieder says the Fed should begin tapering asset purchases and pulling back "excessive emergency conditions."
BlackRock's Global Fixed Income CIO believes the market can handle tapering without an issue.
"I think it's a bigger risk that they don't start tapering," Rieder told CNBC in a Monday interview.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
BlackRock's Rick Rieder said he is confident that the market is ready for the Fed to taper i