Risk sentiment in the financial markets is as much rattled by concerns regarding Hilary’s health as it is by rising long duration bond yields, says Tip TV’s Zak Mir during the opening segment of today’s London open finance show. Mir is joined by Tip TV’s Nick Batsford.
Zak believes the presidential candidates should reveal information about their health the way they do with their tax and financial details.
He adds further that stock market sell-off was overdue following the unrealistic lull in August, and it remains to be seen whether today’s drop on steepening yield curve is just a one-day wonder or something more serious.
Mir and Batsford also discuss charts from Oanda sentiment, broker forecasts and Fed speak – Fed’s Brainard is scheduled to speak later today.