May 11th, 2026

Market Still Expecting Strait of Hormuz to Reopen: Renaud-Chatelain

Pictet Wealth Management Senior Fixed Income Strategist Laureline Renaud-Chatelain says short-term inflation rates have not priced in the worse-case scenario of an extended closure of the Strait of Hormuz. She speaks to Bloomberg's Tom Mackenzie, Anna Edwards and Guy Johnson on "The Opening Trade."