we're bringing in michael binger of gradient invests. he is worried rate cuts will impact markets here. he is not worried about greece. plus, jeff cleveland of payden & regal, watching the relationship between oil and the 10-year yield. jeff, i will begin with you. >> hi, liz. liz: earlier today we had ol' trading on globe best. it was electronic platform t was absolutely trading here. it went above $53 a barrel. what do we glean from that. >> if you look at the last six months, liz, one of the big things that stands out is the collapse in the price of oil, down about 50% over that time period. coins depth with that a fall in the u.s. -- couldn't dent with that, fall to 10-year treasury deal. if oil does stablize and even push a little bit higher here in the coming weeks that could signal a bottom or near term bottom at least in longer term u.s. interest rates. a lot of investors were in that trade over last few months. we may see yields in fact move higher. that is why we're watching the oil price every morning. >> so you have got to th