Interest Rates

Interest rates appear to finally be making the move higher, in a big way.  In defiance of the Federal Reserve, it appears the bond vigilantes are making a stand.

 The 5 year note based out at 1.0% (1% interest to lock your money up for 5 years, that had to be some sort of joke).  5 year rates look headed to 2.3%.

The 10 year rate also bottomed in October.  Next stop is 3.8%.