The benchmark global borrowing rate is based on the 10 year U.S. Treasury Bond.  On March 1st, the yield was 3.61% whereas on March 26th, the yield was 3.91%, up 30 basis points (.3%). See: http://www.ustreas.gov/offices/domestic-finance/debt-management/interest-rate/yield.shtml  That may not seem much to the average person but in global finance, this is a major move that … Continue reading Everybody’s watching the “canary”