Last week, we saw the 10-year reach as high as 1.90%, before bouncing back lower. The sell-off we saw in rates this week has seemed overdone for some time, it is tough to say if we will see some consolidation here for a bit or if we will see the sell-off continue. There is an FOMC meeting this week, and it will be interesting what new information we will gather from the meeting as the market is fully anticipating a 0.25% rate hike in the March meeting. Not a bad idea to stay defensive, as this market has continued to be very volatile.