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Long-term bond yields have also tumbled.
Long-term bond yields hit two-year highs.
But the immediate effect on long-term bond rates has not been encouraging.
For example, mortgage lenders base their fixed-rate mortgage deals on long-term bond yields.
It was the largest long-term bond issue in corporate history.
Recently, long-term bond deals have also become harder to sell.
Long-term bond prices fell, pushing up yields, as investors shifted money into the stock market.
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.
Long-term bond yields have been below the EU reference value since accession in 2004.
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It is why long-term bond-yields have soared since May.
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