This chart shows exactly why investors should worry about rising yields — even if they don’t own any bonds

Strong earnings growth over the past few quarters has helped lift U. S. stocks into record territory.

Source: [MarketWatch](https://www.marketwatch.com/story/this-chart-shows-exactly-why-investors-should-worry-about-rising-yields-even-if-they-dont-own-any-bonds-075b93c0?mod=mw_rss_topstories)