we're rejoined by channing smith.ten, again, the apple watch looks beautiful, looks spectacular. i heard you make the point that some people would already claim they have a wearable if they're using their iphone in their pocket. 18 hour battery life. what does that mean? it means if you buy this watch in order for it not to be a dumb devices hanging on your wrist, you will have to charge it effectively more than once a day. could that be a negative point for the watch? >> a point was made earlier about medical applications. you really need this if you are sleeping. you need this to be on at all times. i think that's going to hurt. if you assume a 600 million user base and 5% next year, with the year after that that's about 30 million devices. if you just do the math on that assume a 350 average selling price, you really only get to about 13 billion in revenue, and 75 cents per share in earnings which is great, but in the grand scheme of things it's hardly going to move the needle. >> yeah. the other question jeff more

channing smith capital advisors. >> thank you. >> to dom for a market flash.shares of genoa financial, which are falling by about 7% to 8% after saying that they're in a regulatory filing and there are material weaknesses in its controls specifically when it cams to calculations for their long-term care insurance reserves and premiums. they also did say that they are looking to target implementation and fixes for the sometimes in 2015. they are currently working to remediate the material weakness here, so, again, in a regulatory filing, they're looking at control procedures. it's having an affect on the stock down by 7%. back to you. >> it's already one of the worst performers in the past 12 months as well. not the kind of news genworth needs to hear. thanks. >> lost in all this nasdaq hoop la, the yield on the ten-year continues to creep higher. it is now up half a percent in just over a month. folks, that's actually a huge move for treasuries. joining us now for another first on cnbc is bill brooks. unconstrained bond fund manager. he is out with his latest