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Ahead this our. Im melissa lee, coming to you live from studio b at the nasdaq. Our guest trader tonight, Katie Stockton of fair lee strategies. And we start off with the newest milestone for Interest Rates. Yields on tenyear surging part the 4. 6 mark, getting closer to breaking above october 2007. The benchmark rate is up 1. 4 Percentage Points from its april low, massive move. The rapid rise in rates taking a particular toll on a few sectors. Real estate, utilities among the hardest hit. And while stocks closed off their lows of the session, the attempted rally lost some steam so, how worried should stock investors be about these rate moves . We like to play a game i love games. Here on fast money, where i would say, imagine if yesterday i told you this would happen, what would the markets do . If i said to you, guy i love games. That tenyear yields would go above 4. 6 , what would the market do . Nasdaq is probably obl oblit obliterating, russell, small caps are getting whacked. Vi

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