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US Markets Wrap: Weak bond auction weighs on market sentiment
Shane Oliver, Chief Economist & Head of Investment Strategy, AMP Capital discusses the spike in bond yields following a weak auction of 20-year bonds. The selloff in long term debt saw equity markets having their worst session in a month, with the S&P 500’s slide topping 1.5%. He also discusses the implications of a weakening greenback.
Produced/Presented: Ryan Huang
See omnystudio.com/listener for privacy information.
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By MONEY FM 89.3Shane Oliver, Chief Economist & Head of Investment Strategy, AMP Capital discusses the spike in bond yields following a weak auction of 20-year bonds. The selloff in long term debt saw equity markets having their worst session in a month, with the S&P 500’s slide topping 1.5%. He also discusses the implications of a weakening greenback.
Produced/Presented: Ryan Huang
See omnystudio.com/listener for privacy information.
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