Weak Jobs Data Means Only One 2016 Fed Hike, Says French

Global bond yields tumbled to a record after the U.S. reported a weaker-than-expected May jobs gain and as Britain prepared to vote on whether to stay in the European Union. Treasuries were little changed Monday after yields slid the most in four months on Friday. Investors are piling into bonds as central banks struggle to spur economic growth and inflation. Policy makers in Europe and Japan are pursuing record stimulus programs, and traders are scaling back forecasts for when Federal Reserve will raise interest rates. Panmure Chief Economist Simon French discusses with Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown."

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48:58 - Guests include: National Venture Capital Association CEO Bobby Franklin and Lerer Hippeau Ventures Managing Partner Eric Hippeau. (Source: Bloomberg)
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