Key Points Most people believe that rising interest rates are bad for stocks. Historically, there have been many cases in which stocks have performed during periods of rising rates. It usually comes down to what the catalyst for the higher rates is. These 10 stocks could mint the next wave of millionaires › Earlier this month, the 10-year Treasury yield crossed the 5% level for the first time since October 2023. The 30-year Treasury yield just hit its highest mark in 19 years. Conventional wisdom says that rising interest rates are bad for stocks. They make bonds more competitive with equities, increase borrowing costs for businesses and consumers, and reduce the present value of future corporate earnings . Missed AI’s "Act 1"?
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