Investor Guide · Monetary Policy

What Stocks Go Down When Interest Rates Rise?

Higher interest rates raise the cost of capital, compress yield-based valuations, and reduce affordability for big purchases. Several major sectors are structurally hurt by rising rates — and within each sector, specific companies face the most direct exposure.

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Latest Policy Signals
Updated: Apr 20, 2026 · 6:52am ET
Continuing the Suspension of Duty-Free De Minimis Treatment for All Countries
AAPL, AMZN, FDX, SHOP
High Impact · 8/10
Ending Certain Tariff Actions
AAPL, ADM, BA, CAT
High Impact · 8/10
Strengthening United States National Defense with America’s Beautiful Clean Coal
KLAC, LMT, RTX, TSLA
High Impact · 8/10
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The Short Answer
Key Points
Higher interest rates raise the cost of capital, compress yield-based valuations, and reduce affordability for big purchases. Several major sectors are structurally hurt by rising rates — and within each sector, specific companies face the most direct exposure.
Why do REIT stocks fall when interest rates rise?
REITs must distribute 90% of taxable income as dividends, making them yield instruments that compete with Treasury bonds. When rates rise, Treasury yields become more attractive relative to REIT dividends, and investors rotate out — compressing REIT valuations.

See the full list of companies most exposed to policy changes → All Policy Risk Stocks


Live Policy Signals

Recent Executive Orders in This Area

These are the most recent policy actions tracked by AISB that are relevant to this topic. Each is scored for market relevance and mapped to affected tickers.

Continuing the Suspension of Duty-Free De Minimis Treatment for All Countries
Continuing the Suspension of Duty-Free De Minimis Treatment for All Countries
AAPL AMZN FDX SHOP TGT
Full analysis →
Ending Certain Tariff Actions
Ending Certain Tariff Actions
AAPL ADM BA CAT FDX
Full analysis →
Strengthening United States National Defense with America’s Beautiful Clean Coal
Strengthening United States National Defense with America’s Beautiful Clean Coal Power Generation Fleet
KLAC LMT RTX TSLA
Full analysis →
Protecting the National Security and Welfare of the United States and its Citize
Protecting the National Security and Welfare of the United States and its Citizens from Criminal Actors and Other Public Safety Threats
AMZN CVS GOOGL JNJ JPM
Full analysis →
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