‘Bloomberg Markets: The Close’ Full Show (2/28/2020)

‘Bloomberg Markets: The Close’ Full Show (2/28/2020)

>> IN HIS 2:00 IN NEW YORK, SOME. >> I ROMAINE BOSTICK.. PROVIDE EMERGENCY FUNDS TO FIGHT. JIM BULLARD SAYS RATE CUTS ARE. ACTION TODAY, GOOD LUCK.. LET'S SAY IT IN CONCERT, NEW. SHORT AND VERSUS THE LONG END IS. CASH RAISING BY SELLING GOLD.. ABIGAIL: LET'S TAKE A LOOK AT. SUPER HIGH THE VIX WAS SNOOZING,. THE S&P HITTING ALL-TIME HIGHS.. POINT, THE SKEW INDEX GOING. SIGN OF MORE VOLATILITY AHEAD.. >> I'M LOOKING AT TREASURIES. WHICH ARE LEADING THIS GLOBAL. BOND RALLY.. THE 10-YEAR YIELD DOWN 10 BASIS. POINTS.. THAT IS RALLYING SO MUCH SO, THE. GAP BETWEEN U.S. AND GERMAN. TWO-YEAR BOND YIELDS IS AT ITS. NARROWEST SINCE 2016, SUGGESTING. INVESTORS THINK THE FED IS. LIKELY TO HAVE A MORE IMMEDIATE. RESPONSE TO THE CORONAVIRUS THAN. THE ECB.. MARKETS ALREADY PRICING IN A. 100% RATE CUT NEXT MONTH, THREE. TOTAL IN THE YEAR.. THE BUNDESBANK PRESIDENT SAYS HE. DOESN'T THINK THE ECB NEEDS TO. LOOSEN MONETARY POLICY FURTHER. BECAUSE INTEREST RATES ARE. ALREADY LOW ENOUGH.. >> GOLD PRICES ARE JOINING THE. CORONAVIRUS SELLOFF, WITH STOCKS. IN FREEFALL, INVESTORS USUALLY. GO TO GOLD AS A HAVEN OF LAST. RESULT.. BUT SOME THINGS HAVE GOTTEN SO. BAD the INVESTORS