Analysts warn of late-stage stock bubble with predicted 21% crash as Treasury yields signal tighter monetary era

In the long rhythm of financial cycles, markets tend to climb until the weight of their own expectations becomes unsustainable. Analysts now observe that American equities, lifted high by the promise of artificial intelligence and years of cheap money, are entering a precarious late stage — one where Treasury yields above 5 percent are quietly rewriting the terms of what risk is worth taking. The warning being issued is not a prophecy but a reckoning: when the conditions that inflated a bubble begin to reverse, the distance back to earth can be measured in sharp percentages. A potential 21 per