Berenberg says rising inflation is here to stay — and names the stocks to play it

The U.S. Treasury building in Washington, D.C., on Friday, March 19, 2021.
Samuel Corum | Bloomberg | Getty Images

Berenberg has picked a number of stocks it says are "winners" in the face of rising bond yields and inflation, which it expects to increase over the next decade. 

The bank urged investors to "find ways to hedge higher bond yield risk in their portfolios." The yield on the benchmark 10-year Treasury note was at 1.6252% on Wednesday morning, after key inflation data on Tuesday came in slightly higher than expected and not as bad as some feared. 

In a note Friday, the bank ran stock screens for regions including the U.S., Japan and Europe and listed its buy-rated picks — all of which have an upside potential of 15% or more.

Berenberg's favorite stocks include:

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