US Markets Wrap: Weak bond auction weighs on market sentiment

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek - A podcast by MONEY FM 89.3

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Business

Shane Oliver, Chief Economist & Head of Investment Strategy, AMP Capital discusses the spike in bond yields following a weak auction of 20-year bonds. The selloff in long term debt saw equity markets having their worst session in a month, with the S&P 500’s slide topping 1.5%. He also discusses the implications of a weakening greenback. Produced/Presented: Ryan HuangSee omnystudio.com/listener for privacy information.