[RightWhale]

Well, that seems likely. The question is where one should invest to take advantage of that. Bonds would seem to be a bad idea right now. Stocks, though? One could buy commodity futures, but they have a shelf life just as do commodities themselves. A lot depends on how quickly rates move. A sudden jump would hit the economy like a major earthquake would hit mudville.

[Loyal Buckeye]

"A sudden jump would hit the economy like a major earthquake would hit mudville."

And that's why you will not see a sudden large jump. The prospect for higher interest rates will hurt stocks; short to medium term bonds (insured) with call protection are a good alternative.