the chart here shows that interest rates may probably bottom in december, and rise until late spring, early summer. this chart is bond yields, not prices.
this could be more bad news for dems in the coming midterms if interest rates continue to rise for the next 6 months or more. we'll see if it pans out that way or not.
it could hit lots of families if the rate on your credit card is going up, and it could hit markets if the rate is rising for people who borrow money to buy securities.
(leveraged debt is at nosebleed levels, last i checked.)