There is still time to change your portfolio before the 10-year Treasury note yield spike on Friday, said investors. The big spike is a signal for all investors in the yield to prepare for an increase in interest rates, they added.

The 10-year note yield increased by 0.2% from 2.5% last Wednesday. However, this posting is 'likely an overreaction', said the investors. The report is relative to an unexpectedly strong showing of new jobs created last month. A total of 195,000 jobs were available to the workforce in the United States in June, according to the country's Bureau of Labor Statistics. The expected number was 165,000.

Despite the surplus of created jobs, the unemployment rate is static at 7.6%

The newly created jobs are welcome news to investors. An increased spending force boosts the American economy. But even if the wheels have started to turn due to more people back in the labor force, the wheels aren't moving fast enough.

Bond funds investors and homeowners may be the first people to notice the stronger economy. Prices of bond funds plummeted last month, and mortgage rates experienced a big one-week jump.