The gap between US companies’ borrowing costs and US Treasury yields has shrunk to its smallest since 1998, after a red-hot rally in global credit markets that investors warn is underplaying threats to the world economy.
美國企業借款成本與美國國債收益率之間的差距已縮窄至1998年以來最低水平。全球信貸市場出現火爆漲勢，投資者警告稱，此輪漲勢低估了世界經濟面臨的威脅。
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