Bond yields just hit a 2007 high: 5 stocks Wall Street should watch today

Impact · against what's priced in

The surge in Treasury yields primarily challenges Home Depot's valuation by reinforcing a bear case the market has previously avoided. For homebuilders, the increase in mortgage rates to 6.77% creates immediate headwinds for affordability and margins.

HD−0.40

Challenges what's priced in

The price assumes

Multiple compression to ~20x FCF on 4% growth (bear case the price refuses)