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Also, the new debt costs more than the original package.
JPMorgan's long-term debt costs need to be watched closely.
Fiscal spending isn't stimulative if it results in significantly higher debt costs.
Now those debt costs are rising with every basis point increase in bond yields.
The fear of contagion has raised debt costs for other banks.
Argentina, which pegs its peso to the dollar, faces rising debt costs.
Anemic growth rate forecasts leave it vulnerable to rising debt costs.
Second, low interest rates mean that servicing that debt costs less.
Most MPs in Japan's parliament deny there is a problem while debt costs remain low.
That trend has reduced the project's projected debt costs and increased the estimated rate savings.
But if interest rates rose, the swap would protect the school system from having to pay higher debt costs.
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