The Stock Market and Bond Markets are Hitting Historical Records. Both Cannot Continue Long Term. Which Will Break Down First?

The S&P 500 recently hit a new all time high. The index has doubled since 2023. The 30-year treasury recently exceeded 5%, the highest level since 2007. The bond yield has been increasing since 2020. The stock market has been led by a few tech companies. Stock prices are driven by sentiment. Sentiment can change quickly....