meta_pixel
Tapesearch Logo
Log in
CNBC's "Fast Money"

Rough Road Ahead for Stocks? And an Under-the-Radar Winner in the Weight Loss Boom 9/25/23

CNBC's "Fast Money"

CNBC

News, Business, Investing

3.91.3K Ratings

🗓️ 25 September 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

The yield on 10-year treasurys crossed the 4.5% mark for the first time since October 2007, but it's the benchmark’s relationship with the 2 year that caught the attention of one of our traders. Why the steeply steepening yield curve could be setting up equities for a problem period. Plus manufacturing giant Jacobs Solutions counts Eli Lilly and Novo Nordisk as two of its biggest customers. How the company is benefiting from the surging demand for weight-loss drugs. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Live in the Nasdaq market site in the heart of New York City's Times Square, this is Fast

0:05.9

Money.

0:06.9

Here's what's on tap tonight.

0:07.9

A warning from the bond market, 10-year yields costing the key 4.5% mark today for

0:12.0

the first time since 2007, but it's a relationship with shorter-term treasuries that has one

0:17.2

of our traders sending up red flags, while he says the yield curve is flashing big warning

0:21.4

signs.

0:22.4

Plus crude realities, oil prices up nearly 30% this quarter, and one top exec says the

0:27.2

rally has only just begun.

0:28.8

What it means for your investment in how you should play the move.

0:31.3

And later, an under-the-radar winner in the weight loss drug craze will talk to the CEO

0:36.2

of a manufacturing company with close ties to both Eli Lilly and Novo Nordisk.

0:41.1

Jacob Solutions, Bob Pregatta, is on set tonight to detail how the company is benefiting

0:46.3

from the boom in demand.

0:47.9

I'm Melissa Lee, coming to you live from Studio B at the Nasdaq on the Destiny Night,

0:51.4

Tim Seymour, Dan Nath, and Guy Dami, and our guest straighter tonight, Chris Verona

0:55.0

of Stratigus, a Baird company, and we start off with that steepening of the yield curve.

0:59.6

The 10 years rapid rise of 4.5% and beyond has come much faster at a much faster pace than

1:05.3

the two years climb over the past few months, and that's narrowed the spread between the

1:09.1

two treasuries sharply, since hitting a four-decade plus low earlier the year the gap has

1:13.9

come in by nearly 50 basis points since July someone here tonight, so as that could set

1:19.4

up for a very rough period in the equities, Chris is that person.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.