Rates on the Rise | Guy Adami & Dan Nathan on CNBC's Fast Money

With the 10-year well above 4% and the 2-year closing in on 5%, Guy and Dan weight the impact on consumers and the broader market.

Guy comments on a Fed governors comments and says he remains confused by this market.

Dan discusses the Fed Funds Rate and comments on inflation and unemployment.

[beforetheyear]

China and its long history goes hand in hand with its rich literary tradition. The Zhou dynasty (1030-221 BC) saw some of the earliest forms of literature, and it was during this time that the writings of Confucius and Lao Tzu were penned, from which the philosophies of Confucianism and Taoism arose. Prose poetry flourished under the Han dynasty (202 BC-AD 220), and the Tang dynasty of the seventh- through tenth-centuries marked the golden age of Chinese literature. The novel arose during the Song dynasty (960-1279), and the following centuries saw the publication of the “four great classical novels.” The twentieth century brought about the rapid modernization of China and its literature, though censorship during the Cultural Revolution and under communist rule has threatened to halt this transformation.

[wread]

It’s cause Jerome juiced the markets with his disinflation comments lol what a joker 🃏

[AnberThe]

MMT explains everything but who cares, I am just a guy on the comments

[MrYatesj]

Inflation IS coming down, jobs are strong these are good things. The issue is there is clearly a huge amount of money on the side lines wanting to push this thing higher. Mel nails it, trade the market in front of you stop complaining it’s not going the way you want.