here to discuss whether these are threats or positive developments, chris zaccarelli, chief investment, and art hogan. it's great to have you both here art, these are major moves in the bond markets what does it tell you about the market overall >> it was interesting. i think they're related. so first, the momentum meltdown is something we've seen about five times in the last four years, so it's not something we think is unusual in that it's a trend that by the time you and i start talking about it it's probably at the end, not the beginning. >> so it's a correction. >> it is and there's a reason for it. i think the real reason, tied to interest rates, was in august, we overshot on the u.s. ten-year at the 1.47% level and that's bounced some 25 or 30 basis points so, is that sending a signal that the economy has gotten that much better and we should exit these trades that we felt safe in, in a slowing economy, or is it just technical? i think it's very much technical. >> so, you're in the just technical camp chris, bob pisani did highlight these moves at the top of the hour where he sa