From 24/7 Wall Street:
Investors may have found a breather as the new week got off to a start, but the reality is that some investors started to get nervous after more than a week’s worth of losses. As investors get nervous about higher interest rates, they may start to look at the more defensive companies, which currently yield more than or close to the 30-year Treasury. they could offer a defensive stock position and still deliver some upside expected from stocks versus bonds.