Banks across Europe are trying to adapt to these stresses in bond markets.

欧洲的所有银行都在试图适应这种来自债券市场的压力。

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Signs grew that the European sovereign debt crisis is spreading across Europe, with France, Spain and even Belgium seeing bond yields rising significantly.

有迹象显示，随着法国，西班牙甚至比利时债券收益率的大幅上涨，欧洲主权债务危机正蔓延到整个欧洲地区。

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While equity markets embraced the news of Berlusconi’s impending departure, the bond market still needs to be convinced that Europe can wrap its arms around the Italian debt situation.

虽然贝氏即将辞职的消息令股市欢欣鼓舞，但欧洲是否能解决意大利债务危机的问题依然困扰着债券市场。

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On Tuesday, Germany - the biggest economy in Europe - saw its bond yield drop below the inflation rate for first time since reunification.

BBC: Spain PM postpones holiday as debt fears hit record

In the longer term, the quantitative-easing policy in the U.S. and the bond-buying in Europe could lead to a depreciation of both the dollar and the euro, which would make the stock market a riskier investment compared with commodities, analysts believe.

WSJ: French Shares Enjoy a Central-Bank Tailwind

IDB, wants this year to launch an electronic bond-broking system in Europe.

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