Stocks that thrive and struggle the most as rates rise - BofA
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Interest rates are on the rise as inflation expectations continue to climb.
The 10-year Treasury yield (US10Y) (TBT) (TLT) topped 4% intraday on Wednesday for the first time since November. The 2-year yield (US2Y) (SHY) hit 4.9%, setting a new post-2007 high. 
Market expectations for the terminal fed funds rate are close to 5.5%.
"Recent economic data (payrolls, retail sales/consumption, PCE/CPI/PPI) suggests rates are likely to be higher for longer," J.P. Morgan strategist Dubravko Lakos-Bujas wrote in a note. "The bond market has been increasingly pricing-in a more hawkish scenario, but the equity market less so."
BofA Securities screened for the stocks that do best and worst when nominal rates are rising.
"Screens are based on a regression of stocksâ monthly excess returns vs. monthly changes in the nominal 10yr yield, including only those stocks with beta (slope) that is statistically significant at the 5% level and who have at least 10 years of monthly returns," BofA strategist Savita Subramanian and team wrote in a note.
The top stocks helped by rising nominal interest rates are:

Marathon Petroleum (MPC), nominal interest rate beta 15.2
Diamondback Energy (FANG), 13.3
Qorvo (QRVO), 13
ON Semiconductor (ON), 13
Targa Resources (TRGP), 12.2
Live Nation (LYV), 11.9
Las Vegas Sands (LVS), 11.6
United Rentals (URI), 10.3
Phillips 66 (PSX) 10.2
Akamai Technologies (AKAM), 10.2
Steel Dynamics (STLD), 9.8
F5 (FFIV), 9.7
LyondellBasell (LYB), 9.6
Huntington Ingalls (HII), 9.3
CBRE Group (CBRE), 8.6
SBA Communications (SBAC), 8.4
Freeport-McMoRan (FCX), 8.4
MGM Resorts (MGM), 7.5
GM (GM), 7.4
NXP Semi (NXPI), 7.4

The stocks hurt most by rising nominal rates:

American Water Works (AWK), nominal interest rate beta -9.1
Digital Realty Trust (DLR), -8.3
MarketAxess (MKTX), -7.7
Take-Two Interactive (TTWO), -7.5
ResMed (RMD), -7
Realty Income (O), -6.4
Veritas (VTR), -6.4
Lennar (LEN), -6.2
Chipotle (CMG), -6.2
NextEra Energy (NEE), -5.6
Prologis (PLD), -5.5
WEC Energy (WEC), -4.8
Edwards Lifesciences (EW), -4.7
D.R. Horton (DHI), -4.7
Mid-America Apartment Communities (MAA), -4.3
Regency Centers (REG), -4.2
Mondelez (MDLZ), -4.2
Alexandria Real Estate (ARE), -4.2
Healthpeak Properties (PEAK), -4
Southern Company (SO), -3.9

See how each S&P sector performed in February.