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As rates spike, it may be a buying opportunity for these tech stocks


Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016.

Reuters Technology stocks were hit hard Tuesday by a sharp rise in 10-year Treasury yields, however history has shown that some firms in this sector prosper when rates rise.| Reuters

A sharp spike in the 10-year Treasury yield dented technology stocks Tuesday, but history shows some companies in the sector thrive when rates rise.