From a technical standpoint, we're at a place where we could see a short-term advance, as long as the numbers going forward aren't ridiculously awful.

On a very short-term basis, you got a little oversold last week, and on a technical level, this is a pretty good place to get a bounce. In the greater scheme of things, last week's movement was significant, in that it was a stronger wave of selling than we've seen in a while.

What we're gonna see now and probably for the next few days is what we saw yesterday, a little technical bounce from oversold conditions,

This one, from a technical standpoint, isn't dangerous in and of itself. What makes it dangerous is that it can spread very, very rapidly and fill up mail servers, causing mail servers around the world to crash.

The problem with rising short-term bond yields is that they boost the cost of acquiring and servicing credit, and thus they stifle domestic demand.

The technical term we use is heightened surveillance.