With yields on the benchmark 10-Year Treasury flirting with 3%, investors tend to question stocks paying a similar dividend yield.
But John Eade, CEO of Argus Research, reminds investors that if bond yields are rising, prices are falling -- an important dynamic to remember for investors worried on what rising rates means for the stock market.
Eade's target for the S&P 500 remains at 3,000 for year's end, with 2,700 or 2,800 in sight for the nearer term.
(Editor's pick. This item originally ran on April 24.)
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