CNBC’s Melissa Lee on Massive Recent Moves in Financial Markets: ‘Something Just Doesn’t Quite Feel Right’

EXCERPT:

LEE: “The pound’s pain has been the dollar’s gain. The Dixie up again today. And for the month, it’s climbed close to 5 percent. Rates continuing to surge also. The two-year climbing more than 13 basis points, closing above 4.3 percent. And check out the ten-year, it surged 22 basis points just today. The yield now 3.92 percent. Something just doesn’t quite feel right, Steve Grasso, when you see these massive moves that you typically don’t see in such short amounts of time.”