11.   Banks and insurers tend to fare well in such conditions because falling bond yields increase the value of the large bond portfolios they tend to hold.

12.   Banks are often held for their relatively high dividend yields and have large bond portfolios.

13.   Banks are particularly sensitive to bond prices as they typically hold large bond portfolios.

14.   Banks benefit from low yields as they increase the value of the large bond portfolios they hold.

15.   Banks, which typically hold large bond portfolios, lost earlier gains as the bond market slumped.

16.   Banks also have substantial bond portfolios.

17.   Banks are sensitive to swings in the bond market because they hold large bond portfolios.

18.   Bank stocks led the market lower as higher interest rates crimp credit demand and reduce the value of bond portfolios.

19.   Banks also hold large bond portfolios, as do insurers.

20.   Banks and insurance companies benefit from a rise in bonds because it increases the value of their bond portfolios.