3 Stocks to Avoid Like the Plague if Interest Rates Keep Rising

Buyers of 10-year Treasury notes are betting the U.S. Federal Reserve is not finished raising interest rates. That’s because the yield on the notes has kept rising even though Fed Chairman Jerome Powell has repeatedly and strongly suggested that the central bank is done raising rates. And usually, the yield on the 10-year notes stops climbing when the Fed is done hiking. I don’t expect the Fed to hike rates again, primarily because wages and inflation seem more or less under control. At their current levels ...