1.   Banks, which often decline as bonds yields rise, were expected to pace the retreat.

2.   Bond prices fall as yields rise.

3.   Chilean shares were mixed, as concern mounted that shares that trade abroad may lose ground as U.S. bond yields rise and stocks fall.

4.   Computer shares led the advance, offsetting a drop in telephone shares, whose dividends look less attractive as bond yields rise.

5.   Falling bonds often make fixed-income securities more attractive than stocks to many investors as yields rise.

6.   Fixed payments also make bonds a more attractive investment relative to stocks as yields rise.

7.   IBM, for example, has a reputation for selling bonds just before yields rise.

8.   Insurance companies own loads of Treasury bonds, so a yield rise of that magnitude decreases the value of their bond portfolio.

9.   Insurance companies own loads of Treasury bonds, so any yield rise of that magnitude works to depress the value of their bond portfolio.

10.   Investors may be loath to buy bonds until yields rise or economic reports suggest they can head lower.