The Federal Reserve just hiked interest rates to the 3.75%-4% range and signaled another increase is coming — and CNBC's response is to tell investors it's a great time to buy bonds for "solid yields." Working Americans who actually pay for these rate hikes through higher borrowing costs and stagnant wages got no such tip sheet.

This is the two-tier economy in plain view. The financial press covers Fed policy as an investment opportunity for people who already have capital. The Americans living paycheck to paycheck — paying more for mortgages, auto loans, and credit cards while their wages fail to keep up with inflation — are just the backdrop.

CNBC framed the rate hike almost entirely as a buying moment for bond investors. Wells Fargo Investment Institute's Brian Rehling told the outlet that income-seeking investors can "snap up some solid yields," adding: "If you don't care as much about the market price movement, and you can pick up 5%-plus yield…that's attractive." Bernstein Private Wealth Management's Matthew Palazzolo called the move higher in Treasury yields "a great opportunity" and "an attractive entry point" for clients. UBS's chief investment officer for the Americas, Ulrike Hoffmann-Burchardi, recommended investors "selectively adding duration in high-quality bonds."

What CNBC buried: why yields are climbing in the first place. The outlet briefly noted concerns about inflation, bond supply from artificial intelligence companies, and the rising government deficit — then promptly returned to the buying guide. The deficit is a bipartisan failure that both parties have enabled for decades, and it's working Americans who will carry the consequences through inflation and higher interest payments on the national debt.

Seeking Alpha ran with the headline "The Fed May Have Just Lit The Fuse For The Next Rally" — another Wall Street frame, treating the rate hike as a potential catalyst for market gains rather than a squeeze on ordinary borrowers.

The 10-year Treasury yield briefly topped 5% after the Fed's announcement before settling around 4.95%. CNBC noted that bond yields move inversely to prices — a technical point that matters to portfolio managers, not to a family whose adjustable-rate mortgage just got more expensive.

CNBC also highlighted municipal bonds as a tax-free play, with Palazzolo noting that munis offer a "nice beginning level of income." Tax-free bond income for wealthy investors, paid for by a system that taxes wages harder than investment returns. That's not a bug in the code — it's the design.

Rehling himself admitted "the Fed probably has more work to do" on rates. Translation: more hikes are coming, and more pressure on the Americans who can least afford it. The strategists counseling their clients to lock in yields understand exactly what higher rates mean for the economy. They're just not talking to you.

The open question is how long the Fed keeps tightening before something breaks on Main Street — and whether anyone in the financial press will notice before they file their next bond-buying guide.