Bonds Are Soaring. Stocks Are Shrugging. History Says That Won't Last.
📡 Barrons · 1 min read ·
Part of composite article Bond Yields Hit 19-Year High While Stocks Defy Gravity — Something's Gotta Give View full article →
Investors panicked in 1994. They cheered in 2016. Now they are debating what comes next.
Bond yields are climbing fast. Normally, that pulls stocks down. This time, stocks are holding up.
That gap has caught Wall Street's attention. History offers two very different endings.
In 1994, surging yields crushed the market. In 2016, stocks rallied through the same pressure.
So which path is 2026? Nobody knows yet. But investors are picking sides now.