Bonds Continue To Sell Off and Equity Markets Take Note With A Lag

Bond markets adjust to election odds and the path of rate cuts… equities are finally taking note

Highlights

• Bond markets adjust to election odds and the path of rate cuts… equities are finally taking note

• The BoC has little reason not to ease by -50 basis points tomorrow

• China’s economy is not out of the woods

• Brazil presents as an interesting investment case (multiple re-rating story)

Key Takeaways

Global Bond Yields Surge

• The biggest news over…