Growing up as a child of the ‘70s, I remember the mascot of a famous magazine (Namely, “Mad”) proclaiming in every issue: “What, Me Worry?”

That old catchline came back to me when I saw reports that the 10-year Treasury has increased to a one-year high of 1.6 percent. But, frankly, some of the reaction has been as unnerving as the rate hike is supposed to be. Case in point: here’s the CNBC market headline, “10-Year Treasury Yield Jumps to a One-Year High of 1.6%, a Rapid Move That Unnerves Investors.” 

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