如果它的借贷成本在一段时期内上涨,那么它的债务将开始变得无力偿还,这会导致进一步的抛售现象以及债券收益率进一步上升。
If its borrowing costs were to climb for a sustained period its debt would begin to look unaffordable, prompting further selling and further increases in bond yields.
此举很可能导致长期收益率上升。
The move likely contributed to the rise in long-term yields.
1974-1976年英国因通胀导致的经济衰退期间,商业地产贬值总计45%,而租金收益率自1973至1975从5.7%上升到了8.7%。
The 1974-1976 inflationary downturn in Britain saw cumulative commercial-property losses of 45%; yields rose from 5.7% to 8.7% between 1973 and 1975.
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