Rising bond yields have thrown cold water on the major averages, but a few winners may emerge even if rates remain elevated.
These developments have spurred worries that the Fed policymakers could keep rates higher for longer.
Bond prices and yields are inversely related, which means that as yields rise, bond prices will fall.
Generally, insurers benefit when interest rates rise , since their investment portfolios will generate more yield.
Shares of both real estate investment trusts, which specialize in communications services, could take a hit as higher rates make their dividends less attractive.
Persons:
W.R ., Humana, Jefferies, Centene, Sherwin, Williams, Baird
Organizations:
Federal Reserve, CNBC Pro, Treasury Bond ETF, CME Group, Molina Healthcare, W.R, Florida Medicaid, American Tower Corporation, SBA Communications
Locations:
Molina, UnitedHealth, Florida