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How rising bond yields impact American consumers

json { "title": "📈 Rising Bond Yields: Three Pathways for US Consumers", "lede": "The global rise in bond yields presents US consumers with three likely future paths, each defined by the interplay of energy prices, central bank policy, and household financial resilience.", "sections": [ { "kind": "section", "n": "1", "icon": "⚖️", "title": "Force Analysis: The Drivers Behind the Scenarios" }, { "kind": "p", "text": "The forecast is shaped by the key forces visible in the provided evidence and market data. Two amplifying feedback loops are central to the narrative: the energy-inflation-policy spiral and the market-forward-looking mechanism. The first links rising energy prices to persistent inflation, forcing central bank reaction. The second shows that bond yields—which reflect investor expectations for future interest rates and inflation—rise before official rates change, directly pushing up borrowing costs immediately." }, { "kind": "signal", "tone": "warn", "icon": "🔥", "text": "Dominant Force: The Energy-Infl