The Bond Market Is Repeating a Pattern Last Observed Ahead of the Great Recession. Here's What History Says Comes Next.

Key Points Higher bond yields have wreaked havoc on the market lately. Higher yields can put pressure on existing and new borrowers. Still, economic conditions are quite different now than they were back in 2007. These 10 stocks could mint the next wave of millionaires › While the stock market has plowed higher for much of the past decade, all eyes have turned to the bond market in recent years. Following the Great Recession, the Federal Reserve cut interest rates to zero for roughly a decade to stimulate the economy after trillions in wealth got wiped out. But high inflation following the COVID-19 pandemic forced the Fed to raise interest rates. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.