此外，它还能开始出售大量的国库证券和它账户上的其他金融资产。这些做法都可以给利息上调施加压力。

In addition, it could start to sell the huge volume of Treasury securities and other financial assets on its books, which would also place upward pressure on rates.

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因此一旦现金流不及利息支出所需，这些证券就面临重组——而持有这些债券的投资者将付出高昂代价。

So if the cash flows fall short of the interest payments, they need to be restructured — at a big cost to the investors who own them.

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信贷评级机构Realpoint表示，在过去的12个月里已有近290亿美元，约占整体的3.5%的商业抵押担保证券贷款成为拖欠账款（借款人没有按时交纳利息）。

Realpoint, a credit-rating agency, says that nearly $29 billion of CMBSs, around 3.5% of the total, have become delinquent (ie, borrowers have not kept up interest payments) in the past 12 months.

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