A 10-year Treasury yield above 5% is enough to get investors’ attention. But one number rarely captures the whole story.

The last time yields reached these levels, in October 2023, many of the same concerns were front and center. Yet equities went on to navigate that higher-rate environment successfully.

As long as the economic backdrop, labor market, and earnings growth remain resilient, we believe this bull market can continue.

Catch Lizzie’s conversation with Charles Payne on Fox Business for more insights on the current markets below.