October's Spooky Stock Market: Dow Down Over 2% This Week Amid Fears of High Yields and Hawkish Fed

October has a history of spooky stock market events like Black Tuesday, Black Monday, and the 2008 crisis.

Stocks had a mild down day Thursday, but the Dow is down over 2% for the week.

Bonds yields being high is spooking the stock market since investors can get good returns without as much risk.

Treasury yields are currently at their highest point since right before the Great Recession.

Investors believe the Fed will keep interest rates high for longer than expected, pushing bond prices down and yields up.