TOM: GOOD NOON, EVERYONE. PERSONAL FINANCE RETIREMENT AND WEALTH MANAGEMENT. I AM TOM KEENE ON A SUMMER FRIDAY WITH SCARLET FU.YOU ARE BRIGHT AND CHEERFUL TODAY, I WILL GIVE YOU THAT. IT IS LOVELY. YOU ARE GOING TO THE RUSH CONCERT AT MADISON SQUARE GARDEN.SCARLET: I NEED TICKETS FIRST. THE SPREAD IS LESS WIDE THAN THE BTS CONCERT. TOM: WE ARE THRILLED YOU ARE WITH US ON A FRIDAY AFTERNOON.LOTS TO TALK ABOUT. I WANT TO ASSIGN WHAT HAS HAPPENED THE LAST THREE HOURS AFFECTS PERSONAL-FINANCE. YIELDS HIGHER IS ...

Richard Clarida is with us. With Pimco of Columbia University, always and always. The vice chairman and former vice chairman, I should say the Federal Reserve System.And I think, you know, we're going to straddle here between Bloomberg money and everything else. Yeah. And we got to start with what we saw in the bond market this week because, uh, we had a selloff in the 30 year yield this week reached a 19 year high 5.26%.Rich Clara does the sell off in the long bond. Tell us anything about the U.S. economy ...