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To the lowest level we have seen in several years. They hinted at more cuts in the future. The treasury selloff is the big story of the day, hitting the long end of the curve drastically. We are seeing much more stark moves in the 10 year and 30 year yields, at the highest levels since november and fluctuating throughout the day. Eight basis point move on the 10 year yield and 30 year at about 4. 28. Earlier today, we asked george come call this about the movement and this is what he had to say goncalvas. It could be swinging from japan to the u. S. , it is sensitive for all parts of the yield curve. We are experiencing a wrecking ball from supply concerns to concerns around buying could slow down and all of that is rates have been staying under fed funds for a long time, that has been the saving grace. Sonali a wrecking ball in treasury markets, we have liz mccormick. When you look at the delusion of issuance paired with the downgrade the u. S. Is seeing, what is the Ripple Effect mar

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