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Fears over rising yields may be misplaced, history shows

Traders work on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters

The big worry in the market right now is about rising yields, according to traders. The 10-year Treasury yield touched 1.80 percent Wednesday morning, sparking concern about rising borrowing costs gumming up the economy and hitting the dividend yield trade.

This concern seems a bit silly when you're talking about levels that are so relatively low. Plus, we found rising rates have been a good thing during this bull market. Using Kensho, CNBC PRO found there were 26 occasions when the 10-year added 20 basis points in a one-month period and the actually did well. (A move like that from here would put the yield at the 2 percent target of many traders.)