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Transcripts For BLOOMBERG Bloomberg Markets 20160524

Do we continue to see the momentum we saw in this morning . Julie we have. Thee was more velocity to momentum earlier. Stocks have been hovering at the highs of the session for most of the day with an aspect in the day. The dow up more than 200 point, the biggest oneday gain for the major averages going back to march 11. It looks like it has to do with evolving views on what the Federal Reserve is going is going to do, even though there was not news to change the perception here we have seen a riskon tonight. Look at the Interest Rate possibility using that fund futures what is the likelihood the fed will raise rates in june, 34 in july, almost 54 . Another way to look at this, blowing up this chart that is on the bottom. You can see it larger the change we have seen in expectations and the big spike up now to more than 30 the recovering view of what the fed is going to do in june, june specifically. Looking at bonds, bonds have been reflecting that view. We have been seeing more of an

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