6% Treasury yields are the biggest risk facing stocks right now. Here’s why.

The article argues that rising long-term Treasury yields are the main risk to U.S. stocks right now. The 30-year Treasury yield briefly reached its highest level since June 2007 at 5.302%, while the 10-year yield hit 4.747%, pressuring equities for a third straight session. A BTIG technical strategist warns the market may not be prepared for a swift move toward 6% on the 30-year, which could further hurt stock valuations by making bonds more attractive and raising discount rates. The piece highlights that rapid yield spikes have historically preceded equity weakness, including the S&P 500 correction in fall 2023 and the late-1990s precedent cited by Oddstats. Overall, the tone is cautious and suggests that persistently higher rates could trigger broader market selling even if stocks have recently been resilient.