Markets happy to sing the blues
Thursday 5th November 2026
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Phil and NAB’s Ray Attrill, unpack a dramatic risk-on session across global financial markets following a decisive Democratic sweep in the US midterm elections. With the prospect of less in the way of military action in the Middle east crude dipped below US$94 a barrel for the first time since late September. This, combined with the US Treasury’s quarterly refunding announcement tweaking issuance guidance, fueled a powerful rally in sovereign debt that sent US 10-year…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.