The rise in global stock prices from early March to mid-June is arguably the primary cause of the surprising positive turn in the economic environment. The $12,000bn of newly created corporate equity value has added significantly to the capital buffer that supports the debt issued by financial and non-financial companies. Corporate debt, as a consequence, has been upgraded and yields have fallen. Previously capital-strapped firms have been able to raise considerable debt and equity in recent months. Market fears of bank insolvency, particularly, have been assuaged.
今年3月初至6月中旬manbetx app苹果 股市上涨，可以说是manbetx20客户端下载 环境意外好转的主因。新创造出的12万亿美元公司股权价值，显著增强了金融及非金融机构的资本缓冲，支撑着它们发行的债务。其结果是，公司债务得到升级，而收益率有所下降。最近几个月，之前资金短缺的公司能够大规模举债和进行股本融资。市场对银行资不抵债的担忧，尤其得到了舒缓。