81. Lower yields help stocks by limiting the attraction of fixed-income investments and boosting the value of future corporate profits. 82. Lower yields in Japan make dollar-denominated debt more attractive and thereby increase demand for dollars. 83. Lower yields increase the attractiveness of stocks relative to bonds, reduce corporate finance costs and can boost sales by making consumer credit cheaper. 84. Lower yields make stocks a relatively more attractive investment. 85. Lower yields reduce competition for investment, and make corporate expansion and consumer spending cheaper. 86. Lower yields translate into lower interest rates, which may mean lower costs of capital for the companies. 87. Lower yields are a double benefit for stocks as they make equity investments more attractive relative to bonds and lower borrowing costs, widening profit margins. 88. Lower yields boosted interest-sensitive issues like banking and utility shares. 89. Lower yields brighten the prospects for higher profits at banks and other financial service companies. |