Friday's employment data sent shock waves throughout the credit markets with rates across the curve moving sharply higher in abbreviated trading due to the Easter Holiday.

Non Farm payrolls rose by an unexpected 180,000 and the unemployment rate actually fell to 4.4% when most market participants were expecting that the unemployment rates was to rise to 4.6%. Rates soared to their highest point since early January.

The move in rates on Friday once again has placed the yield curve nearly flat to possibly inverted.

Floating rates is NOT advised at this time as the market is more than likely in for a bumpy ride this week.