# Rates surge around the globe... And sell the strength in energy stocks? 8/18/26

Page: https://stenobird.com/podcast/cnbc-s-fast-money-385199/rates-surge-around-the-globe-and-sell-the-strength-in-energy-stocks-8-18-26
Text version: https://stenobird.com/podcast/cnbc-s-fast-money-385199/rates-surge-around-the-globe-and-sell-the-strength-in-energy-stocks-8-18-26.md
Podcast: [CNBC's "Fast Money"](https://stenobird.com/podcast/cnbc-s-fast-money-385199)
Published: 2026-08-18T22:08:40+00:00
Episode link: https://www.cnbc.com
Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/b7b89f33-e5b5-46a6-9e42-7f843e9567e5/episodes/9f6008f7-864b-4876-863c-765f703c19b1/audio/128/default.mp3?aid=rss_feed&awCollectionId=b7b89f33-e5b5-46a6-9e42-7f843e9567e5&awEpisodeId=9f6008f7-864b-4876-863c-765f703c19b1&feed=szW8tJ16
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Duration seconds: 2616

## Resource

Global yields hit multi-decade highs, putting renewed pressure on stocks. The traders chat with CNBC’s Rick Santelli about the backup in rates, while RBC’s Lori Calvasina makes sense of the overall market impact. Then, the Chart Master Carter Worth makes the case that it could be time to take profits in oil refiners. Plus, Curaleaf’s CEO discusses a cannabis takeout target, semis lose momentum and what to expect from Target results tomorrow. Fast Money Disclaimer

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