The Last Time Bonds Paid This Much, Small Caps Fell 24.5% in Six Months. These Three Have No Debt to Fear.

The 10-year Treasury yield closed at 5.31 percent on October 5, its highest close since May 2002, and the Russell 2000 closed October 14 in a correction.2 Floating-rate debt is a larger share of small-cap borrowing than of large-cap borrowing, so balance-sheet quality is the whole game.7