0529 GMT - Elevated bond yields are unlikely to tank stocks, Tengler Investments' Nancy Tengler says in a note. "As we have pointed out for years, the 1990s was a period of elevated yields [the 10-year traded between 5%-8% during the decade] which coexisted with robust stock price performance," the CEO and CIO says. Referring to a Goldman Sachs study of how bond yield levels affect stock returns, she says that Goldman confirms this by pointing out that stocks performed well when the 10-year Treasury yielded less than 3% and over 6%. "Two factors matter: how quickly yields have changed and why?," Tengler says. Finally, with earnings growth roaring forward at the 20+% rate, it is unlikely investors are going to pull money from stocks to invest in bonds, even if yields move up 10% from here, she says.