► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Taper talk tempered the climb in stock markets. But as John Authers explains, it helped the shares of companies with serious pension deficits to climb, because higher bond yields mean lower pension deficits. The question now: has this been overdone?<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
