The credit strategist team led by Ning Luo said many bond issuers can absorb higher debt costs, but sovereign governments with high deficits and large shares of short-term debt, as well as highly leveraged companies, will face the greatest pressure.

A statement by 信贷策略师团队. Statements are as reported by the cited publishers — not verified by DecisionGateway.

不少发债主体可以承受更高债务成本，但赤字高企、短期债务占比大的主权政府，以及高杠杆企业将面临最大压力