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. .

Bret Kenwell currently writes, blogs and also contributes to Rocco Pendola's Weekly Options Newsletter. Focuses on short- to intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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