Fed Hike on the Cards Even If Trump Wins, Says Mentel
Treasuries fell the most in October in 20 months. Bonds around the world have fallen 3 percent this month, the most in almost six years, according to the Bloomberg Barclays Global Aggregate Index. Economists say a U.S. report this week will show hiring picked up in October. The selloff in Treasuries may pause because the Federal Bureau of Investigation’s decision to review a new batch of files that may be related to Hillary Clinton’s e-mail practices could spur demand for safety, said Hiroki Shimazu, an economist and strategist at the Japanese unit of MCP Asset Management in Tokyo. Tatton Investment Management CIO Lothar Mentel discusses this and the outlook for Fed rates with Anna Edwards and Yousef Gamal El-Din in London and Manus Cranny in Dubai on "Bloomberg Daybreak: Europe."