What is happening to interest rates?

The unemployment figures came out with fewer unemployment first time claims. As a result, banks are
thinking the economy is getting better and that “Quantitative Easing” will be discontinued soon. If this is the case,
The Fed will stop or reduce its purchases of treasuries which will bring the bond yields up and interest rates with them.
From a personal perspective, my sector (lending) will be impacted greatly with large amounts of layoffs from the big banks.
Many will be added to the unemployment data and will not show that the economy is getting better.
Personally, I believe that the Feds will continue infusing the economy with cheap money until they are more confident eliminating the QE program
will have little impact on our economy.

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