Interest rates going up means future cash flow becomes less attractive compared to current cash.
This lowers the price of stocks and bonds.
The US Gov can't afford to pay more on its debt, so I bet the rates will be driven back down eventually by the Fed, and the USD inflationary debasement will continue (and prices will resume going up).
Failing this would lead the US to insolvency and a hard default, instead of the soft inflationary one.
This lowers the price of stocks and bonds.
The US Gov can't afford to pay more on its debt, so I bet the rates will be driven back down eventually by the Fed, and the USD inflationary debasement will continue (and prices will resume going up).
Failing this would lead the US to insolvency and a hard default, instead of the soft inflationary one.