But as interest rates have climbed, these loans have soured and the shares of bigger subprime lenders, such as Countrywide Financial and IndyMac, have sagged.

但随着利率的上升，这些贷款的质量恶化，Country wide Financial和IndyMac等较大的次优房贷公司的股价也一落千丈。

youdao

But, as its report notes, the long period of low global interest rates that lifted house prices and borrowing has also fuelled inflation.

但是，正如报告提到的，长期全球低利息提高了房产价格和借款量，这也加速了通货膨胀。

youdao

At the same time, they seemed to offer investors an asset that was as good as cash - readily available whenever needed - but paid higher interest rates than bank deposits.

同时，看上去他们还为投资者提供和现金一样好使的资产(随时要随时取)，只不过所支付的利率比银行存款要高一些。

youdao

But as interest rates edge up--prompting most economists to predict that home values will stabilize while demand softens--most think the merry ride is over for a while.

FORBES: Magazine Article

But as raising interest rates to protect the currency means slowing the economy, a government might at some point decide that the pain of maintaining the fixed exchange rate is not worthwhile.

ECONOMIST: Disaster has spawned a new theory of financial crises

But cutting interest rates as a first response to any distress in the financial sector has helped to blow bubbles in asset prices dotcom stocks in the late 1990s, house prices in the 2000s.

ECONOMIST: The credit crunch