Bond yields are only going to go higher as people bail out of Treasuries. The U.S. isn't invincible and needs to be taken to the woodshed for purposely destroying the dollar to save her lavish lifestyle. If everyone would stop buying treasuries the government would be forced to stop selling our futures.
It's anyones guess what the market will do Monday. But, if history is any guide, once rates start to move, they usually more and faster than anyone thought possible. I've seen this movie before.
Just curious but where are you getting that number from? Or is that a back of the envelope calculation?