ten year T's sharp but short rise ...could it possibly impact corporate P&E invesment timing.....1% ?

"Long-term Treasury yields have risen sharply in recent months."

" The yield on the most recently issued ten-year note
 rose from
1.63 percent on May 2
to
   2.74 percent on July 5"

" highest level since July 2011."

and corporate high yield bond rates rose how much ?

" new issue yields spiked and remained higher, reaching 7.7% in June from 6.0% in May."

spiked ?

1,7%

the return on investment  expectation  ...ROI-EX  has margins that would eat that variance
like a pitless ripe olive

spending on real stuff will not move on this