let's ask blackrock's rick rieder. thank you for joining us. >> the employment number on friday was pretty powerful and when you look at the confluence of data, you have an economy that's operating on a strong level. we talkeded about about it a b times on your show. if you look at how the service sector did again and look at the services economy, they're doing well. so you get asked all of the time, where do you start buying rates here? i find long end interest rates still not that interesting. there is a point that you start adding as you get to around 5% on the ten-year and you maybe add a little bit and you have an economy that's around well and you have uncertainty. the fed, and we'll get cpi and ppi this week. you're still operating year on year, core cpi at 3+ percent. the fed is still, you know, in a tough spot unless employment starts to soften. you have rates that will not come down of any significant attitude. >> you make the case that rates are going up for the quote, unquote, right reason. right? >> you tw

we'll ask our experts over the final stretch including blackrock's rick rieder.e recent selling has been most pronounced and it's down .75% off the worst levels of the day, below 20,000 as you'll see and we'l