Bonds vs dividend shares

Treasury yields have been rising recently. The U.S. 30-year Treasury yield has crossed 5.60%. It reached roughly 5.61% today, its highest level since June 2002.

That is quite something. And they are putting dividend stocks under pressure. The iShares Select Dividend ETF ($DVY) broke below its 50-day moving average and finished last week near its 200-day moving average.

Sources: Valérie Noël, Bespoke