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Jim Cramer laments rising interest rates, says market won't advance if they keep climbing

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CNBC’s Jim Cramer on Tuesday bemoaned rising bond yields and interest rates.

"There's no way this market will be able to advance if rates keep climbing," he said."There's no way this market will be able to advance if rates keep climbing," Cramer said.

"Right now, I'm still putting the hate on September," he continued, adding that stocks tend to plummet during this month in general."Until otherwise proven wrong by more than just a couple of insanely robust mega-cap tech stocks," he said.

 

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