Rising Treasury Yields Test Equity Resilience as Dollar Firms in Narrow Ranges
Strategists say the 10-year yield's climb has yet to reach the pain threshold that historically triggers a broad equity de-rating, even as the dollar grinds higher and duration-sensitive dividend names come under scrutiny.
Equities continue to absorb an upward drift in long-end Treasury yields, with Strategas arguing the ascent must go considerably further before it forces a selloff. A mostly firmer but range-bound dollar and renewed focus on dividend sustainability across telecoms, REITs and payments underscore a market repricing duration rather than direction.