81. Rising yields can make returns on bonds more attractive than equities. 82. Rising yields can prompt investors to sell emerging market equities and buy bonds. 83. Rising yields can prompt investors to sell equities in emerging countries like Argentina and buy U.S. bonds. 84. Rising yields drew investors from banking and utility issues, which often compete with fixed-income securities because of their steady dividend streams. 85. Rising yields during the early part of last year also helped. 86. Rising yields hurt stocks by raising the cost of borrowing for businesses and consumers alike. 87. Rising yields in the U.S. could tempt some Japanese investors to shop in the States for better returns. 88. Rising yields make bonds more attractive as investments relative to stocks. 89. Rising yields make it more expensive for companies to borrow money and also make bonds relatively more attractive than stocks. 90. Rising yields make it more expensive for companies to borrow money. |