1502 GMT - Current elevated government bond yields create opportunities for "larger and more durable income" through higher coupons and yields, BlackRock Investment Institute strategists say in a note. "Investors can now secure chunky income without necessarily reaching far out the yield curve or credit risk spectrum." Nonetheless, investors need to select carefully the opportunities that provide adequate compensation for risk, the strategists say. "We are more positive on shorter-term bonds where higher yields offer attractive income with less duration risk."