Are equity purchases really going to slow if the 10 year is at 1.6%???

CNBC is jerking off to the yield curve this morning. Yes the yield curve is rising, as we knew it would eventually. Inflation is already here, and it's real, despite what the Fed says.

That is the thesis behind much of this run over the past year. If they print money and keep rate at zero then asset prices have no choice but to rise. TINA - there is no alternative.

How are we supposed to believe that 1.5% or 1.6% is a magic number that will pop this bubble? Interest rates in the late 90s were 5%-6.5% during the DotCom boom. 1.5% is nothing.