1.   Analysts like Hagey have been assessing whether the prices of individual stocks already reflect expectations of future returns.

2.   Analysts said gains in manufacturing, capital equipment, commodities and retailing reflected investor expectations the economy will improve next year.

3.   As to the reviews, Nathan believes that many reflect conventional expectations while failing to appreciate that the writers are trying to build a very unconventional animal.

4.   Bond prices already reflect expectations the economy is recovering, said Yoshihiro Motohashi, a trader at Tokai Bank.

5.   Bond yields reflect expectations for inflation, which can accompany an economic revival.

6.   Bond yields rise and fall to reflect expectations for economic growth and inflation.

7.   Bond yields rise and fall to reflect inflation expectations.

8.   Bond yields reflect inflation expectations.

9.   A rise in implied yields reflects reduced expectations that rates can be cut soon.

10.   A rise in implied yields reflects reduced expectations of lower interest rates.