Right now on fast markets finishing August on a four-day losing streak the S&B down

over 8% from August highs of down around 7.5% the Nasak nearly 10% to investors need

to get ready for a long September plus I can't believe I'm going to say this.

I'm going to say it anyway thanks for the memories bedbath and beyond cratering down

more than 20% as a retailer announces store closures layoffs and a product overhaul is

now is it now game over for this reddit rebellion stock and later a victory lap for a bold

call on Apple potential tax troubles for Bitcoin and we will strike up a conversation with

the CEO of Bolero.

I'm Melissa Lee and this is Fast Money Life in the Nasak markets.

I'm the desk tonight Steve Grasso, Guy Dami, Tim Seymour and Jeff Mills and we start

off with another rough month for markets.

The S&B closing out August with its fourth straight day of losses it ended the month

down more than 4% the Dow and Nasak also negative for the month.

Only four Dow stocks managed to eke outgames in August and take a look at this the yield

and the two-year treasury briefly rose over 3.5% for the first time since November 2007,

nearly 15 years ago it was only a year ago that the rate was get this 0.13.

That's a move of over 330 basis points in just 12 months.

One time the 10-year yield has climbed from about 1.2% to 3.198% now so what are these

bond moves telling us about what to expect from the broader markets this fall.

Guy what do you say?

Hi Melm, I tell you what if you had pronounced that intro incorrectly it would be like a

Benny Hill skit.

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