MSDD

In the short term on yield remaining relative high will allow the stock market to drop as higher yield allow the money to be earn with lesser risk compared to the stock market so money will be rotated out from the market same with how high oil prices per barrel will also differ people from investing because uncertainty of majority movement whether to upside or downside differ people from placing money into market.

TLDR short all those with negative or weak cash flow and consider buying companies (DCA slowly) with high positive cash flow with low or zero debt (value companies) for the long term 5-10 years.