whew, I was scared for a minute.

Maybe I don't understand what they are yammering about. Yahoo Finance right now has 4.15%.

One basis point is 0.01%. So 0.6 basis points is 0.006%, IOW nothing.

I couldn't find anything on Tradeweb but I didn't look real hard.

Rising bond yields means lower bond values/prices.

The overwhelming consensus of financial planners and financial pundits is to have a substantial allocation to bonds (and other fixed income) in a mixed stock-fixed income portfolio, especially for those near, or in retirement, and maintain that allocation no matter what the market does or what one thinks it will do. Bonds have done horribly since 2021. The last I checked, their cumulative total returns over the last 4 years were generally single-digit positive, but far from keeping up with inflation (more than 20% cumulatively).

While it's nice that new bonds that we may buy have higher interest rates, those of us with substantial bond portfolios see those portfolios sink in inflation-adjusted value (purchasing power) as intermediate-term and longer-term interest rates rise.

empty my account before I could get out.

I-bonds.

I don't have much in Treasuries and nothing in Treasury-related bond funds, though some of my bond funds do have some govt. stuff in it.

I mostly track the 10 year Treasury as an easily accessible and widely followed benchmark for intermediate term bonds. And because some things like mortgage rates closely follow the 10 year Treasury yield.

I do have some I-bonds but not enough to worry about compared to other areas that need more attention.

I don't understand how they figure the fixed rate, today they pay almost 4% for new purchases but
the ones I had were zero fixed rate so now they would only pay around 3%. I get better than that with bank CDs
and a MM fund.