(Bloomberg) -- For investors worried about how stocks will react to rising interest rates, last weeks trading may provide some guidance.
Following the biggest one-week jump in 10-year Treasury yields in more than a year, investors are selling the highest- yielding companies in the Standard & Poors 500 Index. The top quarter of dividend-yielding stocks in the S&P 500 have lost an average 0.4% since an employment report on Feb. 6 showed the U.S. is adding jobs at a faster rate than estimated. That compares with a gain of 2.6% for stocks with the smallest dividends, and a 1.7% climb in the benchmark gauge.
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