The 10-Year Treasury Bond Yields Nearly 5% Right Now. Here's Why I'd Still Choose PepsiCo for Passive Income.

With 10-year Treasury bonds yielding nearly 5% compared to PepsiCo's 4.3% dividend yield, the author argues PepsiCo remains the better long-term passive income choice due to its 54-year streak of annual dividend increases and potential for capital appreciation, while Treasury bonds offer fixed payments that don't grow with inflation.