10-year Treasury yield hits 24-year high of 5.3%
SCHD Schwab US Dividend Equity ETF
$32.65 -0.61%
View chart & analysis → - 1The 10-year Treasury yield recently reached 5.3%, its highest level in 24 years.
- 2Based on a $10,000 investment, the current rate generates $530 in annual interest income through 2036.
- 3If the Schwab U.S. Dividend Equity ETF maintains a 10% annual dividend growth rate, annual dividend income will exceed $700 in 2036.
So what's the key point?
The interest rate received for lending money to the government has reached 5.3%, the highest in 24 years. Based on this yield, $530 in interest can be received every year by 2036.
Source The Motley Fool +1 · View original ↗
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