1.   Concern that the budget stalemate will send bond yields higher hurt bank and savings-and-loan stocks.

2.   Higher U.S. bond yields can hurt emerging market security prices since they make investors less likely to seek higher returns in riskier foreign markets.

3.   Higher yields hurt stocks by slowing bank lending and damping growth.

4.   Higher yields hurt the stocks of firms that make their living in the financial markets.

5.   Higher yields hurt stocks by boosting the attraction of fixed-income investments and reducing the value of future corporate profits.

6.   Higher U.S. yields hurt domestic bonds by boosting the urge to shift funds into relatively more attractive overseas assets.

7.   Higher U.S. yields hurt Japanese bonds by increasing the urge to shift funds into overseas debt.

8.   Higher yields hurt stocks by raising the cost of borrowing for businesses and individuals.

9.   Higher yields hurt stocks.

10.   Higher bond yields especially hurt banks.