Interest Rates Up 33% In 5 Weeks, Sharpest Rally In 20 Years

Rates have risen 33% in the past 5 weeks, which is one of the sharpest 5-week rallies in the past 20 years. This sharp rally has been hard on bonds during this time frame.

 

10yearratesup33percent5weeksmar7

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The above chart looks at the yield on the 10-year note. The lower portion looks at the 5-week rate of change on yields.

Rates have risen 33% in the past 5-weeks, which is one of the sharpest 5-week rallies in the past 20 years.

This sharp rally has been hard on bonds during this time frame.

Wonder how stocks would react should rates keep pushing higher?

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