Melissa Lets Begin News Today

Treasury. thats your fear not the inflation but somebody who makes a mistake and you know what revolving credit is at a record high. that is credit card debt in this country. its north of a trillion dollars i called people about adding additional credit. if you think rates are going to go significantly higher by the way the 10 year yield in 81, it was about 15%. remember that? neil: i do and after 87 i know it got as high as 10%, so melissa very very quickly what are you telling clients to do ri...

Dollars. neil: wow so well see what happens great seeing you again thank you very very much and nice to see you. his point about interest rates hes right about that the backup we ended the year around 2.43% on a 10 year note closed this year around 2.83, had gotten as high as 2.9% but you can see that half a point up-tick with something more than was envisioned certainly way back last friday, the friday before yesterday when all of this backup started pecking up steam. lets go to dagen mcdowell,...