According to Nasdaq, “DAX Hits 9-Week Low As Oil Prices, Bond Yields Surge”
DAX Hits 9-Week Low As Oil Prices, Bond Yields Surge
Why This Matters
BELLINGS interpretation of “DAX Hits 9-Week Low As Oil Prices, Bond Yields Surge”: Issuers refinancing debt could face higher borrowing costs because rising bond yields can increase required returns on new debt.
