History shows higher rates are not typically bearish for stocks

Traders work on the floor of the New York Stock Exchange.

The recent sharp rise in bond yields has weighed on stocks, particularly in market-leading growth areas of the market.

But rising rates have actually coincided with bullish periods for stocks most of the time.

More In Pro Insight

CNBC ProThese 5 financial stocks beat their earnings estimates 80% of the time
CNBC ProEarnings reporting season kicks off next week. What investors should expect
CNBC ProBank of America, Societe Generale downgrade Credit Suisse amid $4.7 billion Archegos hit