► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />As stock markets decline for the day, while the dollar sets a fresh high, John Authers looks at the impact of rising US bond yields. They have triggered a sharp reverse in 'bond substitutes' like real estate and utilities.<br /><br />► Authers’ Note: http://bit.ly/1Liu16x <br /><br />► FT Markets: http://bit.ly/1J5HNd3<br /><br />► Where The US Economy Is Headed: http://bit.ly/1CqsOmh <br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
