US 30-year Treasury yield just hit its highest level since 2007.
Long-term bonds keep selling off as rates stay higher for longer.
Banks and mortgage lenders face more pressure from elevated borrowing costs.
Utilities and real estate stay under stress since dividend stocks compete poorly with rising yields.
📲 @nxtlvltech · educational, not advice
In plain English: This alert explains market conditions but does not tell you what to buy or sell.