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Transcripts For BLOOMBERG Bloomberg Markets 20221027

Cyclical names, caterpillar, honeywell. We will dive into that. The 10 year yield is moving, 394 at 4 00 or 5 00 a. M. This morning. The 10 year yield at 4. 07. A lot of move intraday for the treasury market. Down five basis points from yesterdays session. Its not just the bond market. Across the atlantic the ecb is hiking 75 basis points. Its not enough to give a boost to the eurodollar. That is down below parity. Weakness there and strength in the dollar to that end. Strength of the dollar is not weighing on brent crude. Oil is rallying hard, 1. 2 , trading around 96 to the barrel. When it comes to the economy, are we growing given the technical recession is in the Rearview Mirror . Joining us to talk about it is the Bloomberg Economic and policy correspondent michael mckee. Talk to us about the gdp data we got. Michael it is a good news bad news story. The good news i ....

United States , John Island , Bloomberg Mike Mckee , Sonali Basak Scott , Megan Greene , Peggy Collins , Leslie Patton , Mimi Collins , Scott Drexler , George Ferguson , Jay Powell , Michael Mckee , Basis Points , Rearview Mirror , Bloomberg Economic , Economic Policy , Good News , Bad News , First Time , Third Quarter , Thing Companies , Companies Beat , Level One , Wall Street , Christian Schulz , Italian Government ,