This is the Single Worst Thing That Could Happen to Stocks Right Now

 https://gainspainscapital.com/2022/09/20/this-is-the-single-worst-thing-that-could-happen-to-stocks-right-now/

Treasury bond yields are rising again.And this is really bad news for stocks.

Why?

Because these bonds are the bedrock of our Why?

Because these bonds are the bedrock of our current financial system. They are the senior most asset class and the yields on these bonds represent the “risk free” rate of return against which all risk assets (including stocks) are priced. financial system. They are the senior most asset class and the yields on these bonds represent the “risk free” rate of return against which all risk assets (including stocks) are priced.