Coca-Cola Looks Like A Safety Trade When Treasuries Yield 5%, Yet I Need 3% Before I Add The Coca-C...

Coca-Cola Looks Like A Safety Trade When Treasuries Yield 5%, Yet I Need 3% Before I Add The Coca-Cola Company delivered a standout Q2 with 5% volume growth, 11% comparable EPS growth, and record operating margins, prompting raised full-year guidance. Despite KO's defensive qualities—firm pricing power, low leverage, and a 64-year dividend streak—its current valuation at 26x earnings and a 2.46% yield is unattractive versus rising Treasury yields. I remain neutral on KO, holding and reinvesting dividends, but will only add if the yield approaches 3%, implying a buy zone near $70–$71.