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Long-term bond yields have also tumbled.
10.56am BST Spanish short and long-term bond yields Taking another look and Spain and Italy's bond yields.
Long-term bond yields hit two-year highs.
For example, mortgage lenders base their fixed-rate mortgage deals on long-term bond yields.
Mortgage rates' steady upward march reflects the surge in long-term bond yields.
Long-term bond yields also influence the housing market, particularly in the US.
This unwillingness has to do with the fact that long-term bond yields are not sufficiently higher than short-term yields.
However, the money stock (M2), stock yields, long-term bond yields and recent earnings make current share valuations seem reasonable.
Long-term bond yields have been below the EU reference value since accession in 2004.
As share prices have risen recently, so have long-term bond yields.
Intervention has helped finance America's twin deficits and hold down its long-term bond yields.
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