My #1 Dividend Strategy to Profit as Rates Surge (It’s Not Bonds)
October 10, 2023 at 05:00 AM EDT
The 10-year Treasury yield’s latest journey to the stars is setting up a terrific opportunity for us to “lock in” historically high dividend yields—and upside, too. The time to make our move is now. Here’s why: the surging yield on the “long bond” has hit stocks—especially dividend stocks—hard. But this surge is completely unsustainable. Look, over the last few weeks, I’ve been saying the 10-year would bump its head on the “4.3% ceiling” and retreat. The fact that it’s blown through that ceiling only means its coming fall will be that much harder—and our favorite dividend stocks will rip that much higher in response!… Read more