‘Bloomberg Markets: The Close’ Full Show (6/8/2020)

‘Bloomberg Markets: The Close’ Full Show (6/8/2020)

>> AT THE MOMENT, THE MARKET IS. THE NEW NORMAL LOOKS LIKE FOR. WE READJUST TO THE NEW REALITY.. ROMAINE:. DOES THAT MEAN THE TEMPORARY. SELLOFF IS SOMETHING YOU WOULD. BE BETTING AGAINST?. >> 10-YEAR YIELDS WILL BE A BUY. THE FIRST TIME WE GET THERE.. IT IS IMPORTANT TO KEEP IN MIND. The TOMORROW'S AUCTION IS 15. TO 17 BASIS POINTS HIGHER IN. YIELD THAN THE REOPENING LAST. MONTH.. THERE WILL BE BUYERS THAT COME. OUT.. TO THE QUESTION ABOUT WHAT I. EVER BE AN AGGRESSIVE SELLER. FURTHER ON THE CURVE, I DO. THINK INFLATION WILL BECOME A. REALITY AGAIN BUT IT WILL NOT. BE OVER THE NEXT THREE OR FOUR. MONTHS, IT WILL BE AT THE END. OF THE NEXT THREE OR FOUR. QUARTERS.. THE FED HAS PUT A LOT OF. LIQUIDITY INTO THE SYSTEM.. A LOT OF STIMULUS HAS COME OUT. OF WASHINGTON IN A VARIETY OF. WAYS.. THE HOPE IS THAT WILL REKINDLE. DEMAND-SIDE INFLATION.. CAROLINE:. YOU ARE POTENTIALLY SEEING. INFLATION FURTHER IN THE FUTURE.. IF WE HIT 1%, IT IS A BUY.. WE HAVE THE IMPORTANT FEDERAL. RESERVE MEETING.. WHAT YOU ANTICIPATE FOR FORWARD. GUIDANCE?. >> THERE HAS BEEN A LOT OF. CHATTER ABOUT THE