The 10-Year Treasury Yield Just Passed 5%. Here’s How That Impacts Dividend-Paying Consumer Stocks.
The 10-year U.S. Treasury yield has only been this high a few times over the past two decades.
Overview
The yield on the U.S. 10-year Treasury note briefly surpassed 5% on Sept. 14. This occurred briefly in 2023, and since then, the 10-year hasn't been this high since 2007.
Yields have blasted higher since the Iran war broke out at the very end of February. Higher inflation expectations, partly from the war, as well as mounting debt, which recently topped $40 trillion, have sent longer-term yields higher.
Details
While bonds function very differently from stocks, bond yields can be quite impactful in the economy and broader stock market.
Source
Originally published at www.fool.com.
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