It’s been a crazy couple days in the bond market.  Here’s some additional info to chew on:  The bond yields have taken another huge hike today.   At last check, the bond yield is up to 2.86%.  That is a jump of 22 basis points today and 44 basis points in the last two days.  The Spread is down to 1.13% based on that update.  The banks fixed-rate products are largely dependent on what is happening in the bond market.  In light of this, some of them have already raised their 5-year rate by 35 BPS.

Are we in for rate increases?  What’s the best decision to make in light of this recent buzz?  Let’s talk about it!  Each person’s situation is different so please feel free to give me a shout.