The 10-Year Treasury Yield Just Passed 5%. Here’s How That Impacts Dividend-Paying Consumer Stocks.

Key Points Higher bond yields make dividend-paying consumer stocks less attractive. U.S. government debt carries a high credit rating, while the U.S. dollar remains the world's reserve currency. However, $40 trillion in total debt and the interest payments on it make longer-dated U.S. Treasury notes and bonds riskier. These 10 stocks could mint the next wave of millionaires › 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.