Bond yields are climbing to levels not seen since the 2008 financial crisis, and the SEC is loosening IPO rules — both bad signs for regular investors.

• The 30-year Treasury yield hit 5.2%, the highest since 2007, because investors fear inflation is sticking and the Fed may have to raise rates instead of cutting them.
• Markets now see an 80% chance of a rate hike by year-end, the opposite of what Trump has been pushing for.
• Higher borrowing costs make it harder for people to buy homes and cars and for businesses to plan, which slows the whole economy.
• The selloff is not just about oil — oil prices actually dipped — meaning the worry is broader loss of confidence in Trump, the government, and the Fed.
• The SEC is rolling back IPO rules, letting companies issue and dump new shares faster with less disclosure, which mainly helps upcoming IPOs like SpaceX, Anthropic, and OpenAI cash out quickly.

Outlook: Expect more market stress in the coming weeks, with a possible Fed rate hike and a rush of big IPOs before conditions worsen.