What 10-year yield matters most for stocks?

From Bloomberg... Investors in U.S. stocks have little reason for concern that the yield on 10-year Treasury notes surpassed 3 percent last week, according to Sam Stovall, CFRA Inc.’s chief investment strategist. In a report Monday, Stovall cited figures on the S&P 500 Index’s performance in months with rising yields during the past 65 years. … Continue reading What 10-year yield matters most for stocks?