When bond prices fall, yield rises, because the interest rate of a bond is a fixed percentage of the bond's face value.

当债券价格下跌，收益将增加，因为债券的利率与债券票面价值的比例固定。

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If EPS estimates are cut and the bond yield rises, stock valuations will become less attractive.

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At current levels, the stock is yielding around 2.30% and that yield rises which each leg down in the share price.

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Which is another way of saying that the yield rises.

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