Just drive down almost any street in the U.S. and you're likely to see "for sale" signs lining the road.
只需要去美国的任何一条街道,你会看到有房屋出售的标签贴在路上。
2
Existing investors in American debt, such as China, have no incentive to drive down its value with a fire sale of their holdings.
现有美国公债的投资者,如中国,没有动机要抛售美国公债,因为这将减低他们持有部位的价值。
3
The fire sale of T-bills will paralyze the repo market, drive up the sweeping borrowing costs, suck dry the liquidity and close up the spread in the carry trade.