Will Rising Bond Yields Be Bad For Stocks?
In the last few weeks, growing fear of higher interest rates coincided with a 12% correction in the stock market - which quickly recovered most of what was lost – and, in this period of increased volatility, the financial press often stoked the fear.
While no one can predict the stock market’s near-term ups and downs, what we do know is that history shows rising rates are not bad for stocks.
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