21.   Bank stocks dropped because rising bond yields were seen by investors as hurting profit margins and weakening demand for consumer loans and mortgages.

22.   Because gold is often bought as a hedge against inflation, rising prices indicate some investors see a greater likelihood inflation will accelerate, Igarashi said.

23.   Bond investors saw that as good news.

24.   Bond investors saw improved returns in the second quarter as most European economies remained in the doldrums and several central banks cut interest rates.

25.   Bond investors saw the survey as providing more evidence that the economy was slowing.

26.   Bond investors see a strong economy bringing with it the threat of accelerating inflation, which erodes the value of their bonds.

27.   Bonds were little changed, though earlier losses were pared as investors saw the door still ajar for lower rates should wages be contained.

28.   Bond yields climb when investors see heightened risks that faster economic growth will accelerate inflation, which erodes the value of fixed-income securities.

29.   Bonds also have lost some of their luster because investors no longer see a need to flee to them as a safe haven from international economic turmoil.

30.   A paralysis unlike anything investors have seen for years is gripping non-Treasury bond markets in the United States.