markets are getting used to a new normal with these rates so it'll be choppy . We've been so used to 0 rates for so long that we forget that 5% is normal and the markets need to adjust for that. What's not normal is the speed of the rates changing. If you look at the 10 year rate, we went up 20% in about 3 months while bonds going down which isn't something that is supposed to happen. BOnds are for those looking for safety, so for it to go down that fast isn't normal. My finance classes during college is finally paying off a bit.