Risk Premia Have to 'Go Up Further,' BofA's Raedler Says

Sebastian Raedler, head of European equity strategy at Bank of America, says risk premia at a 20-year low are "not appropriate" given geopolitical tensions, a weak US labor market and pressures in the credit space. Should risk premia go up further, banks, semiconductors and miners will come "under more pressure on the benchmark." He speaks on Bloomberg Television.