Mutant strains of coronavirus inflicting serious economic damage in Europe, meanwhile the

Brazilian stock market crashed today and the reality tumbles with it.

And lastly, how are rising yields going to impact risk assets?

For all of this and more, I'm joined by Real Vision Managing Editor Ed Harrison.

Ed, how are you doing?

I'm doing very well, Jack.

Great to talk to you as always on Monday.

That's our day here.

Absolutely. Let's make a habit out of it.

So, Ed, today, the U.S. yield curve continued to steep in the 10-year and the 30-year rose

a pace. The 30-year is now about the 2.18 level and the 10-year is about 1.36.

What do you make of all this?

Yeah, so I think it's very interesting because I had technical analyst Katie Stockton on,

if you recall, I believe that was a week ago on Thursday, so 10 days ago, 11 days ago,

and she was talking about 114.25 as a resistance level that we had problems breaking above.

And as you know, intraday, we had broken to 118.119, but what she was saying is if you had two

Friday closes, that is two week closes above that level 114.25, and that was a technical indicator

for her that we were moving to the top of a range between 1 and 150.

We started the year at 90 basis points.

We moved from a range from 50 to 100 into a range now from 1 to 150.

We'd only been in the bottom half of that range, but then after she gave that

that signal, we did in fact close above 114.25.

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