Yields are on the rise the 10 year is over 4.00% as of today. The fed was a little slow to drop rates but made up for the lag by cutting alot very fast. So lets see how quick they are to raise them. Banks have a nice spread bewteen the FF rate and the 10 year. Sorry Joe consumer your going to get reammed up the A$$
As the USD is raising, I doubt that rates will be increased. This will be the nail in the coffin to the housing market, and the raising $ will help with inflation. Oil is starting to come down, as is gold. Hardly, a reason for increased rates.
Rates will have to rise eventually. If not we will no longer be able to finance our debt. There will have to be a balance struck between inflated currency and interest rate. There is really no other choice under the circumstances. The timing is the only uncertainty.