Odds of President Trump winning 2020 elections hit record low

Democrat Joe Biden is extending his betting and polling lead over President Donal Trump for this November's presidential election with the latter's odd hitting record lows. 

Current PredictIt odds put Trump at 39% of winning US elections compared to 57% in February while Biden sits at 62%, up from 4% in February. 

Some analysts are of the opinion that markets are underpricing the possibility of Biden winning elections. “We just don’t think it’s fully priced into the market place at this point," Wells Fargo Securities’ Christopher Harvey told CNBC.