The Great Rate Shock, and What Other Companies Should Merge? 9/21/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 21 September 2023
⏱️ 45 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Morgan, John, thank you very much and live from Nasdaq, the market site, and the heart |
| 0:04.9 | of New York City's Times Square. |
| 0:06.6 | This is Fast Money, and here is what is on tap. |
| 0:10.4 | Raid Shock, the 10-year roaring higher. |
| 0:13.4 | Now at nearly 4.5 percent, why this massive move is sending shockwaves through the market. |
| 0:18.1 | Plus, prime problems that we're not talking about on Sanders, we're talking to Amazon. |
| 0:22.6 | Having a week to forget, the stock down nearly 10 percent should the rest of tech fear |
| 0:27.6 | that they will get whacked next. |
| 0:30.6 | And later, we'll Cisco's $28 billion deal for Splunk kick off a corporate wedding frenzy |
| 0:37.6 | art traders set to play matchmaker, some deals, about some deals they think might make |
| 0:43.3 | sense. |
| 0:44.3 | Welcome everybody, I'm Tyler Matheson, intonight from Melissa Lee, coming to you live |
| 0:48.0 | from Studio B at Nasdaq, and on the desk tonight, Karen Feinerman, Dan Nathan, Gaia |
| 0:53.1 | and Michael Contopolis, director of fixed income at Richard Bernstein advisors, a lot |
| 0:57.8 | to talk about there. |
| 0:59.5 | But we start with that great, great rise, the 10-year yields climbing within one basis |
| 1:05.0 | point of the key 4.5 percent level trading at their highest levels now since late 2007. |
| 1:11.7 | They're really even more dramatic when you consider the yields were at 3.4 percent, a |
| 1:17.4 | full percentage point lower, just a couple of months ago in May, two-year yields, also |
| 1:22.3 | marking a milestone, touching 5.2 percent for the first time since 2006 before they pulled |
| 1:28.9 | back. |
| 1:29.9 | Longer term 30-year treasuries rose by 15 basis points, their biggest one-day jump since |
... |
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.

