yellen isthink janet going to consider what christine lagarde said at all. i do not think it will have any impact on policy. but i did not find it to be that ridiculous. alix: we did see reaction in the bond market. -- we had the 10 -- year yield at its highest level since october. the yield continuing to grind lower. joe: we had this crazy three-day move and then it faded. imf -r point about the -when i first saw the news, i was really stunned, but i switched over to the other side. the argument from a pure data perspective. it would be risky for the fed to tighten too soon and if they will be data dependent, wait a few more months. they are kind of right. the fed has missed its inflation target for a long time. no indication that inflation is about to overshoot. i kind of think they are right. what is the rush? why hike in september? alix: we have some breaking news. gap same-store sales. julie: sales up about 5%. the company's earnings per share ahead of analysts estimates. the ceo saying the second quarter was important, they rolled out some new products