s*******e 发帖数: 432 | 1 Operational twist will raise the cost on short-term borrowing, which will
raise the cost for security purchase by margin. So it is normal to see the plunge we see these two days. Also, the increase on short-term borrowing make other liquid asset (like stock, commodity, short-term treasury) less attractive
For the commercial banks, the increase on short-term borrowing rate will increase their cost to have deposit and the decrease on long-term rate will lower their revenue on long-term loans, which is their main business. | g8 发帖数: 3784 | | s*******e 发帖数: 432 | 3 I am not sure about consumers, though it seems good for normal business,
since the decrease on long term loan will enable them to expand business and
make long term plans. However, given the current consumer confidence, it is
too early to know whether the decrease on long-term loan will business
expansion
【在 g8 的大作中提到】 : 对消费者有好处吗?
|
|