Borrowing got pricier as stocks slipped

Borrowing got pricier as stocks slipped

Borrowing got pricier. On September 15, government bond returns hit levels last seen in 2007, Reuters and TheStreet reported. The 10-year rate was 4.912% on September 10, WSJ data shows. Think of it like rent on money: when it rises, home and business loans cost more. Stocks fell without panic. My take: borrowing costs first, company profits later.

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