Financing costs are what a borrower pays to raise money. For a government, that means the interest it pays on its debt.
融资成本
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| — | Foreign capital flows into US stocks hit record $942bn 融资成本 · 第 9 张术语卡 | Setser warns that if foreign demand fades, the US may absorb new supply 'at the cost of higher financing costs'. 判断方法:国债收益率上行 = 融资成本上升。它会向下传导到房贷利率、企业发债成本以及股市估值(贴现率上升压制估值)。所以「外资不买美债」不只是债市的事。 |