Big risk off moves after Fed’s emergency rate cut, including a massive drop in Treasury yields. NAB’s Rodrigo Catril talks through another volatile 24 hours.
Markets have reassessed the risk of inflation. On today’s podcast NAB’s Rodrigo Catril says the fear for equity markets is a Fed that might raise interest rates aggressively if it is behind the curve. https://t.co/WgAPDfpAzS