alix: i am joined by managing .ditor joe weisenthal it was a bumpy day for stocks. the s&p touching the closing high and pulling back, ending by denver points -- ending down by 10 points. the 30 year treasury today went over 3% for the first time in a while. whatis a continuation of we saw last week and several days ago. alix: and the idea of taking inflation off the table, maybe we are seeing a little bit of growth. by thet upgraded european commission. perhaps we have better growth globally. do people buy it? is this an inflation trade or is it they will take more money off the table? joe: there are signs european growth are better than expected. those signs have been here for the entire year. some talk about china stepping up its stimulus efforts. therefore removing that they are for removing some of the deflationary forces on the economy. -- they are for removing some of the place very forces -- removing some of the deflationary forces on the economy. alix: we will take a look at overall stock markets. we had that major rally at the end of last week and we are s