NEW YORK ( TheStreet) -- TheStreet's David Peltier on Monday discussed the recent move in bonds and how it has affected high-yielding dividend stocks.
The recent selloff in Treasuries have pushed the yield in the 10-year notes back above 2%. Because of this, dividend stocks have seen an increase in competition from investors trying to balance safety, yield and valuation.
In particular, master limited partnerships and real estate investment trusts are among the groups being hit the hardest.
Overall, Peltier sees this as a buying opportunity. Specifically, he continues to like technology stocks and highlighted Intel (INTC) as one of his favorite names.Along with the 3.7% yield from Intel, Peltier finds comfort in the strong balance sheets and robust earnings power that is typically associated with established tech companies. -- Written by Bret Kenwell in Petoskey, Mich. .