Last year, I went on a share buying spree, snapping up FTSE 100 dividend stocks I hoped would pay me a high and rising passive income over time. I decided it was a good time to buy them, as interest rates looked like they had peaked, and (I hoped) would start falling in 2024. My two favourites were insurer and asset manager Legal & General Group (LSE: LGEN) and wealth manager M&G (LSE: MNG). They were both cheap, trading at around seven times earnings, while offering supersized dividend yields of more than 8% a year. At first, I seemed to have got my timing just right. Their share prices climbed almost 20% and I had the dividends to look forward to as well. I expected both shares to make further progress this year, as interest rates fell and savings rates and bond yields followed. That would make high income stocks like these look even more attractive, relatively to cash and bonds. However, interest rates haven’t fallen. They may not fall until August. Or possibly the autumn. Or even 2025. One thing has fallen though. My two favourite passive income stocks. The Legal & General share price is down 8.08% over...