21.   Baby boomers typically tried to buy the biggest house possible because they knew inflation would increase the value of their property and diminish the relative weight of the mortgage.

22.   Banks also contributed to the climb as rising bonds increased the value of the large bond portfolios, traders said.

23.   Banks and insurers benefit from stronger bonds because it increases the value of their large bond portfolios.

24.   Banks also benefited as falling bond yields increased the value of their fixed-income holdings.

25.   Banks and insurance companies such as Kredietbank, the largest holders of bonds, benefited from falling bond yields, which increase the value of their bond portfolios.

26.   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.

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

28.   Banks such as J.P. Morgan can benefit from falling bond yields because it increases the value of their bond holdings.

29.   Banks also benefited as falling bond yields increased the value of their massive fixed-income holdings.

30.   Bank stocks rose on speculation that more takeovers are ahead and on expectations that bond yields will fall, increasing the value of their fixed-income holdings.