Savvy Trades and Investments

[worthylion]

The 10 year Treasury hits 52 week high. Doesn't seem to be a drag on stocks yet except for those bought for yield. Will be interesting to see if NRZ and other high yielders are affected. Don't see why a stock paying a 10+% dividend is less attractive just because the yield on 10 year Treasuries rises above 2.6% unless their cash flow is declining because their short term borrowing costs are increasing.