51.   Falling yields reduce corporate borrowing costs.

52.   Falling Treasury bond yields also boosted stocks by brightening the outlook for profits later in the year and making stocks relatively more attractive than bonds.

53.   Falling yields are good news for stocks, because companies will pay less to expand their businesses.

54.   Falling yields increase the value of bond holdings which insurance companies like General Re build up with the premiums they receive.

55.   Falling yields increase the value of bond holdings, which companies like Travelers and Aetna buy with the premiums they receive.

56.   Falling yields lower the cost of raising the money needed to make loans and buy securities.

57.   Falling yields make dividends look attractive.

58.   Falling yields make it less expensive for companies to borrow money, while making stocks relatively more attractive than bonds.

59.   Falling yields make returns on stocks more attractive, and sliding borrowing costs help companies save money when financing their business.