I would expect so. Sometime in the near future we will have to start paying the piper for the cheap money we have had. That is going to mean higher interest rates. They may try to hold on to lower rates for awhile, but at some point, inflation and other issues are likely to override the need forcheap home loans and the Chinese (who buy a huge portion of our treasury notes) have been making larges waves about US monetary policy and are questioning whether they should continue to buy the T bonds.
So who knows any exact dates, but I would not be surprised to see rates up in the low 6's in spring and back up to more historically average numbers by this time next year (6-8%). Let's just hope that they don't go into the double digits like the 80's
