Surly Trader submits:
Low interest rates are the lifeblood to a debt burdened economy. Back in October 2009, when 30 year treasury yields were at 4%, I suggested that getting short treasuries or selling call options on treasuries would be a good strategy for the coming months. It turns out that I made a wise call, because since then 30 year rates have risen over 60 basis points and are trading near 2 1/2 year highs. So, what comes next?