The pandemic is easing and stimulus programs are pumping money into the economy. This has caused the yield on the10-Year Treasury Noteto rise to 1.53% from less than 1% a year ago. Given that the 10-Year Note is widely considered to be the world benchmark "risk-free rate" (rf), how does this affect asset prices, stock valuations, and the cost of equity capital? What will the 10-Year Note yield 10 years fromnow?