red fin's glenn kelman will join us to talk about housing. >>> topping the tape this morning, no tech support amid higher rates that's what barclay's is looking at this morning. they say bonds are fairly priced, equities have not adjusted enough to the rise in yields let's bring in senior commentator, mike santoli. this is what we've been talking about all morning, another step up in rates and equities have a delayed reaction. >> agitated for sure once we got the breakout in yields above the prior higher, that was the trigger point i pointed out last year the ten-year yield was up 10 or 11 basis points and the stock market was down 3% that shows you there was a little catch-up. i don't think tech is where we have to look at the epicenter. it's about can the economy handle rates it's about consumer cyclicals giving up their advantage. if you look back to the beginning of the quarter when we were at 3.8 on the ten-year treasury, we're now up to 4.5, the nasdaq 100 hasn't underperformed the rest of the market the rest of the market has also been suffering is under this pressure one of th

red fin's glenn kelman will join us to talk about housing. >>> topping the tape this morning, no techer rates that's what barclay's is looking at this morning. they say bonds are fairly priced, equities have not adjusted enough to the rise in yields let's bring in senior commentator, mike santoli. this is what we've been talking about all morning, another step up in rates and equities have a delayed reaction. >> agitated for sure once we got the breakout in yields