Watch CNBC's full interview with Hayman Capital's Kyle Bass on jobs report, the Fed

Kyle Bass, founder and CIO of Hayman Capital Management, joins CNBC's "Squawk Box" to react to September's key jobs report and what it means for the Federal Reserve's attempts to tamp down inflation. "Europe's going to have an aggressive recession, and Asia looks like it's in a recession," Bass tells CNBC. "And the U.S. is already in a recession."