Markets Are Counting Down to U.S. Election: OCBC’s Ling

The transcript discusses potential outcomes of the US election and their impact on financial markets, focusing on the uncertainty caused by mail-in votes and the implications for the US Treasury bond market. It highlights concerns about fiscal stimulus and the challenges of developing a COVID-19 vaccine. The discussion also covers the economic outlook, market focus post-election, and the potential for Treasury yield fluctuations depending on election results and fiscal policy developments.

What does the speaker suggest about the sustainability of the breakout in the 10-year Treasury yield?

What are the implications of a potential vaccine on the market's focus according to the text?