As noted in last month’s column, everyone seems to be resigned to the expectation that interest rates will be going up; just not by all that much. As of today, March 10, the 10-year Treasury rate stood at 2.60 percent. Approximately one year ago, on March 11, 2013, 10-year Treasuries stood at 2.07 percent. Even with the recent drop-off in rates in response to easing of tensions in the Ukraine (as of today, at least), that still reflects a 25.6 percent annual increase in rates from a year ago.