Good morning welcome to squawk box here melissa lee is hanging out again with us. Becky is off today for some welldeserved vacation well see her next week. As joe said yesterday, one of the first down days weve seen in a while a little better s p up about 13 and nasdaq looking to open about 45 points higher also showing you treasury yields now you can see where those are standing well flip that around to. 628 on the 10year you thinking about refinancing a mortgage anytime soon, guys . Im as low as they go im good if you have an account where you can use assets for credit line or to make an investment or Something Like that, i remember two or three years ago, i locked this ridiculously low rate if they come to me again and offer another one, it will be lower than it was last time. It was like 2 or 1. 5 when you get money that cheap, dont you think you you are in the drivers seat when rates are this low i dont feel bad about borrowing money at rates like that so you are talking about get
Space, facebook, the stock jumping after the social Network Announce the a Payment Service operating across all platforms straight to kait rooney in San Francisco with the details hey, kate. The social network is stream lining the Payment Option was facebook pay think of it as a wallet on facebook, lets you send payments to friends and shop on whats app and instagram this is the latest sign of the tech giant push into payments. We saw a little bit of that with libra and the ambitions in cryptocurrency but whats app and Facebook Messenger have not seen huge adoption when it comes to the current payment methods. Analyst tell me this is way to get the apps working together seamlessly and the hope is theyll be more engaged. Facebook is partnering with paypal and stripe on the back end and still support credit cards and paypal checkout. Analyst tell me this could be a positive for paypal since its a partner in the announcement. And facebook pays seems to be more focused on ecommerce than pe
And pete. Changes for joining us. Now the mystery is solved. We were saying to ourselves last week, two companies are raising out with curved phones and you have to ask yourself, why . Who needs a curved phone . That may not be what they are really after, right . It may be kind of a moment about trying to differentiate a little bit. There is this dual motivation here with trying to pack more pixels and more information into a small, pocketfriendly, purse heavy friendly package. One way to make the screen bigger without making it bigg. Melissa do you agree with that . Yeah, although i think curved screens are stepping stone toward fully bendable gadgets. They do have some benefits. Melissa like what . Maybe if curved holding to your face more easily, but other than that why do you care it being more curved. Lg tout that is. Melissa do you buy it . No because people dont use it as a phone that much anymore. I think benefit is more visual. Less reflect tivity on screens curved and colors