Stock Market Rejects Bond Market Pressures: Rupkey

Sept. 2 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi, examines how geopolitical risks have impacted European economies and the reaction of bond and equity markets. He speaks on “Bloomberg Surveillance.”

Searching the Bond Market For Clues on Rates
19:18 - Sovereign bonds surged, sending the Japanese benchmark 10-year yield below zero for the first time, as investors seeking the safest assets gorged on government debt. Treasury yields dropped to a one-year low in the rush to refuge from a worldwide stock rout. Traders pared the odds the Federal Reserve will raise interest rates this year to 30 percent, before Chair Janet Yellen begins her two-day testimony to Congress on Wednesday. BNP Paribas Senior Investment Strategist Daniel Morris. joined “On the Move” host Jonathan Ferro to discuss.
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