► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Government bonds endured a dramatic sell-off after the market was alarmed by words from Mario Draghi of the ECB, but equity markets had a strong day on low volatility. John Authers suggests this shows that stock markets, like dinosaurs, can be too slow to register when they have been hurt.<br /><br />► Authers' Note: http://bit.ly/1Gj930D<br /><br />► FT Wealth: http://bit.ly/1e3996C<br /><br />► Springtime for the Stock Market: http://bit.ly/1ChBBXN