信贷形势也扰乱了我们曾经拥有的流动供应。
The credit situation is also disrupting the flow of supply that we already have.
国债收益率会影响住房按揭贷款利率等其他信贷成本，它往往会在经济形势改善时上扬。
Treasury yields, which influence other credit costs like home mortgage interest rates, tend to rise when the economy is stronger.
信贷紧缩必将令人生畏，不过多数新兴市场可以躲过一劫，最大的市场形势还相当不错。
This credit crunch will be grim, but most emerging markets can avoid catastrophe. The biggest ones are in relatively good shape.
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