
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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