Fast money starts right now.

Live in the NASDAQ market site overlooking New York City's Times Square.

I'm Melissa Lear.

Traders on the desk are Pete Nigeri and Tim Seymour, Karen Feinerman and Guy Adami.

Tonight on Fast Tilray getting smoked after hours, a high flying pot stock

announcing a convertible note offering to raise capital. We'll tell you what it means

for the cannabis craze. Plus general electric shareholders in the dark as a company grapples with saving the dividend

while executing a real turnaround.

Former GE executive Bob Nardelli is speaking out

for the first time since the C-suite shakeup.

You won't believe what he has to say about

the former Dow Darling. But first, we start off with the market's showdown of the decade.

It's a chicken fight.

Yeah.

Chicken fight rates and stocks flying high together.

The doubt closing at a new high as the 10-year yield stores

to waste seven-year high, but just as the 10-year hit

the highs of the day, stocks began to fall, closing near the lows of the session.

So does something have to give, and if they do continue to rise together, what do you buy right

now?

Guy, you're so...

God, you're doing the chicken. I mean have to be particularly good at it, obviously.

...