Rising long-term bond yields are being read as a danger sign for stocks, crypto, and gold — bad news for anyone fully invested.

• The Fed held rates steady, but three governors wanted a hike, and inflation is seen getting worse.
• Long-term bond yields (10- and 30-year) are set by investors, not the Fed, and they've climbed to their highest since 2007 — right before the last crash.
• High bond yields push mortgage rates up, which slows home buying, drags down housing, and eventually pulls stocks, gold, silver, and crypto down with it.
• The pattern looks like 2007: housing already turning down while yields stay high, with a slow stock decline expected to start this fall.
• A crash deeper than 50% is predicted, followed by heavy money printing that could spark sharp inflation.

Outlook: Bond yields may keep rising for the next few months, then stocks are expected to grind lower into a bottom projected around late next year.