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Remember, these moneylenders make their money on the spread between what they pay to borrow money and what the retail borrowers pay them.
The yield on a bond reflects how much interest a borrower — in this case, the government — has to pay to borrow money.
The rates firms had to pay to borrow fell by 2.5 percentage points.
Lower ratings can raise the interest rate a state must pay to borrow money.
Tks a lot". submitting the rates the bank would actually pay to borrow money.
It is not clear yet how high a price they will have to pay to borrow.
The rates the country had to pay to borrow rose this week to the highest levels in three years.
Those rates determine what banks pay to borrow from each other, often to cover short-term obligations.
Lending to British businesses has been falling since 2009, and the rates firms pay to borrow have been creeping up.
Italian government bond yields, a critical measure of how much the country has to pay to borrow, jumped.
The bank paid a higher cost than what other banks would pay to borrow dollars from fellow lenders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com