Bond Yields May Have Peaked. Consider Stocks Like Coca-Cola and Johnson & Johnson.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Bond yields are showing signs that they have peaked. If they keep dropping, it would make a host of stocks look attractive including Duke Energy, Coca-Cola,...

Bond yields are showing signs that they have peaked. If they keep dropping, it would make a host of stocks look attractive.

Those investors have plenty of reason to stay in the market, which would send the yield even lower. According to data from the St. Louis Fed, the yield is almost 2.5 percentage points above the average annual inflation rate expected over the next 10 years. Newsletter Sign-up Utilities are the poster child for this dynamic. The Utilities Select Sector SPDR fund , home to regulated utilities such as Duke Energy and Dominion Energy , is down almost 17% for the year, versus double-digit gains for the S&P 500. That puts the sector on pace for its worst annual underperformance on record, according to Dow Jones Market Data.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coca-Cola Earnings Preview: Will Q3 Report Help Sustain Stock's Bullish Momentum?Stocks Analysis by Investing.com (Günay Caymaz) covering: Coca-Cola Co, Coca Cola Co, Coca-Cola Co BDR, Coca-Cola Co DRC. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Coca-Cola Reports Earnings Tuesday. What to Expect.Many investors who piled into consumer staple stocks in 2022 to ride out market volatility have since pulled out.
Source: MarketWatch - 🏆 3. / 97 Read more »