US Election Risk Factoring Into Rates Outlook: OCBC Bank
OCBC Bank's Vasu Menon says the lender has updated its rates outlook to reflect US election uncertainties. "The risk that Trump may come into power and some of his policies, if implemented, could fuel inflation to some extent," he says. OCBC Bank has raised its 12-month forecast for the 10-year US Treasury yield from 3.75% to 4.25%. Menon speaks on Bloomberg Television.
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