i'm wilfred frost alongside susan lee for sara this morning. >> look who is back. >> i am back as well. fee feels good to be back here in cnbc's headquarters. let's take a look at the market this morning. all three of the major u.s. embassies up over 3%. they are looking like they're going to give up gains today following some losses we're seeing in europe. the dow by 90 points. flirted with 100 a few moments ago. let's look at the 10 year hitting a record low falling 1.381. even though we saw a really in equities last week, the move for bond deals globally has been in one direction throughout and that has been buying of the bonds pushing the yields lower. >>> let's check in on the asian section. well, asian stocks stumbling breaking the five-day winning streak. rising to an 11-month high in june. you saw shanghai. maybe more military spending to come. across the woboard to europe no we're looking at steep declines for the german dax and france cac. and will italy is a focus because there are some real concerns about a possible italian banking crisis underway hence the losses down. >>