Negative COVID-19 talk from the US has hit sentiment. NAB’s Rodrigo Catril says equities are down, so is the US dollar, but the appetite for the extra supply in treasuries is strong.
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