Hello, fellow rebel capitals, hope you're well.

So what am I talking about?

What is crashing?

And I was reading the chat before going live.

And actually, let me give him a shout out here because someone hit the nail right on the head.

I said what's crashing. There you go, Jared. Congratulations, Jared, you got it. You might be talking about yield.

That's exactly what I'm talking about the yield on the 10 year

Treasury down over 10 basis points today which is a huge move so we have to study this we have to connect the dots we have to study this. We have to connect the dots. We have to look at what's going on

with the other markets like oil. Got to look at the two-year Treasury. But we also have to pay very close

attention to the dollar and what the dollar is doing

while yields are crashing. It's very very important. Let's get right over to see and check this out.

I want to go over a chart and you can see that from the thumbnail that...

I wasn't joking. That just it's happening today and we started off around

Let's see where did we open the day let me give you some specific numbers we opened it well we closed right around 4.286

to call it 4.29 that's where we closed yesterday we We opened up at 4.25 and now we are down right around 4.18, but we had a low, a daily low, of 4.163. 4.163. That's 13 basis points lower than the clothes last night.

I mean, and again, for those of you who maybe aren't as familiar

with these types of markets as others,

or maybe you're new to the channel,

you may look at a 13 basis point move and say,

yeah, yeah, what's the big deal?

As percentage terms, that's only, you know, it's a very low percentage, let's say say but you got to realize that in the world of the

ten-year treasury this is a massive move and and let's zoom out for a moment we have to

...