a***s
发帖数: 5417 | 1 现在欧洲银行能够低利率借贷到美元，那么欧洲国债利率会怎么变化？
从历史高点逐步下跌？
fed的目的是救银行，它要不要救欧洲各国政府债券呢？
如果fed要救股市的话，不如直接启动计算机把所有股票的卖单都买下来算了。 |
Y******u
发帖数: 1090 | 2 It's a pressure relief valve for the banks. When the crisis happens, it will
put a cap on LIBOR and lower the cost of borrowing dollars.
Right now it does not provide immediate help to the banks. Anyway it is an
indicator of central banks are working on something to save the banks from
falling into the abysses. This may in turn boost confidence of the market.
With more confidence the bond buyers may be willing to take a little more
risk. That's why Italy and Spain bond yield drop today.
I don't understand FED's intention. This swap is for ECB to borrow dollars
and add liquidity to the European banks. Not for FED to buy anything in
Europe. It's certainly not going to help the government debts directly. |
C*A
发帖数: 63 | 3 赚了点，心情不错，就给你解惑吧。前些日，由于欧债危机，造成欧洲各银行间市场流
动性很差，因为各个银行不知道对方是否能survive，不敢借钱给对方。同时欧洲各政
府财政问题，已经不能bailout银行了。另外，银行也不能从金融市场融资了，投资者
不买账，眼见即将有weak European banks破产。西方主要国家的央行连手增加流动性
，雪中送炭，所以市场暴涨。 |
Y******u
发帖数: 1090 | 4 Liquidity is tightening, but not as bad as in August. It is more of a
preemptive action.
The picture shows overnight LIBOR in 6-month time span
【在 C*A 的大作中提到】
: 赚了点，心情不错，就给你解惑吧。前些日，由于欧债危机，造成欧洲各银行间市场流
: 动性很差，因为各个银行不知道对方是否能survive，不敢借钱给对方。同时欧洲各政
: 府财政问题，已经不能bailout银行了。另外，银行也不能从金融市场融资了，投资者
: 不买账，眼见即将有weak European banks破产。西方主要国家的央行连手增加流动性
: ，雪中送炭，所以市场暴涨。
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