Live in the Nazak Market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight. Up up and away, the yield on the 10 years now up around 60 basis points since the Fed cut rates by half a point last month.

The rise keeping mortgage

rates car loans and credit cards at stubbornly high levels what is behind this

rise and will the 10-year yield keep climbing will debate that bus delivering a

cell will break down the downgrade of UPS by Barclays.

The stocks been lagging FedEx this year and the analysts think things are about to get worse.

And later inside Netflix's roaring run to record heights, why the chart master thinks it's time to

bail on the builders and there's one fewer problem at Boeing but does that mean

it's time to buy? I'm Melissa Lee coming to you live from studio be at the

Nasak on the desk tonight. Tim Seymour Carter Wirth, Steve Graso, and Gaiadami.

We start off with the rapid rise in interest rates yields on 10-year

treasuries jumping 11 basis points today in closing back on 4.2 percent.

They're at more than 50 basis points since the Fed cut its target rate last month.

Mortgage rates following suit with the average 30-year fix hitting its highest level since late July.

This is market's price in an increasing chance

that the Fed will take a pause at the November meeting.

Chances of no change have risen to more than 13%

today from zero a month ago.

So what does this sharp spike in yields mean for the

broader market? What is this telling us guy? Hmm. Well I mean if you've watched this show

over the years you know I'm sort of the half empty person on the desk. So label me a pessimist.

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