Domestic bond yields have ordspråk
Domestic bond yields have risen sharply and as a result utilities have lost their attractiveness.
Yoji Takeda
Banks and utilities are high dividend-yield spaces and they become less attractive as bond yields rise. It's normal in an environment of rising bond yields to see stock markets correct.
Guenther Gerstenberger
Costs of fuel, utilities, rent and rates have risen sharply and will have an impact next year.
Stuart Rose
So far, Japanese shares have risen together with a rise in long-term bond yields.
Kenichi Hirano
The trigger for the interest has been the attractiveness of equities compared to property, bonds or bank deposits. People realize it is increasingly difficult to make decent returns from property. Also bond yields have become quite low.
Young Chang
The one thing that has worked against the equity market pushing higher is that the UK bond market has been hammered, and yields have subsequently risen. Before it was a one-way bet, but now people are having to be more thoughtful.
Neil Parker
The problem with rising short-term bond yields is that they boost the cost of acquiring and servicing credit, and thus they stifle domestic demand.
Tony Hughes
We have a lot of factors at play here. It's an accumulation of all the negative economic news this week, capped off by the jobless data this morning, bond yields declining so sharply, and the weak forecasts out of companies. But what really accelerated the selling was the note out of Goldman Sachs about the Fed.
Donald Selkin
The markets are beginning to price in quite a significant bit of recessionary risk, with U.S. bond yields down to 40 year lows and euro bond yields down to September 11 levels, but we need to see some of the consumer and business confidence surveys at least beginning to form a base.
Saul Henry
The Fed ignored falling commodity prices and a rising dollar in 1999 and 2000, tightening monetary policy anyway. The result was a recession and deflation. This time the Fed is making the same mistake, but in the opposite direction. The result will be rising inflationary pressures and bond yields.
Brian Wesbury
If gross domestic product prints 2.75 or 3 percent, it's broadly where the market is. People put very little weight on the fact that any pressure on inflation in the U.S. is quite modest and that's breeding low and steady bond yields.
Rory Robertson
Yields have risen to levels where buyers looking for yields are willing to take a risk and buy.
Gary Thayer
All of a sudden, there was an extraordinary number of chocolate shops in my neighborhood. I thought, 'Somebody has a lot of money to spend on luxury items.' We've got a self-sustaining domestic recovery, and that will lead to higher bond yields.
Marshall Gittler
Given the drop in bond yields, stocks which were comparatively cheap before, have become even more attractive to buy. This drop in bond yields may finally be the catalyst we need to propel stocks out of the trading range they have been mired in.
Tim Biggam
Several large corporations released strong earnings and sales forecasts recently, igniting a rally in the stock market this week. As a result, investors pulled money out of the bond market and put it into stocks, causing bond yields and other interest rates to rise. Mortgage rates followed suit, to a lesser degree.
Frank Nothaft
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