The article argues that rising interest rates could make the high dividend yields of pharma companies like Pfizer and AbbVie less attractive relative to the 10-year U.S. Treasury note. The Fed enacted a 25 basis point increase last month, following cuts in 2024 and 2025, and many economists expect further hikes. The author sees more pressure on Pfizer, which yields 5.7% and is in a slow reset as several top products approach patent expiry. AbbVie, with a 2.4% yield, is supported by growth from Skyrizi and Rinvoq, so the author expects less pressure there. The author is positive on both stocks but suggests Pfizer may suit only long-term-focused investors.
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XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/22/2026 | 4,024.59 |
| Change that session | -2.82% |
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/22/2026 | 101.62 |
| Change that session | -0.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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