xxxxxxxxxxxxxx : xx xx. xxx"xxxx"xxxxxxxxxxxxxxx xx/xx xxxxxxxxxxxxxxxxxxxxxxxxxx xx xxxxxx xxx"xxxx"xxxxxxxxxxxxxxxxxxxxx xx/xx xxxxxxxxxxxxxxxxxxxxxxxx-xxxxxxxxxxx xxxxxxxxxxxxx-xxxxxxxxxxxxxxxxxxxxxx xxxxxxxx x xx.xxxxxxxxxxxxxxxxxxxxxx "xxxxxxxx" xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxx : xxxxx xxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx x xxxxxxxxxxxxxxxxxxx xxx%xxxxx xxxx "xxxxxxx" xxx xxxxx xx xxx xxxx xxxx xxxxxxxxxxxxx x xxxxxxxxxxxxxxxxxxxxxxx xxx% (xxxxxxxxx xxxxx x xxxxxxxxxxxxxxxxxxxxxx) xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxxxxxxxxxxx xx xxxxxxxxxxxxxx "xxx" xxxxxxxxxxxxxxxxxxxx xx xxxxx xxxxxxxxxxxxxxxxxx xxx xxx xxxxxx xx xxx xxxxxx xxx xxx xxx. xxxxxxxx xxxx+ xxxxxxxx.xxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx. xxxxxxxxxxxx xxx.xxxxxxxxxxxxxxx xxxxx x-x xxxxxx xxxxxxxxxxxxxxx xxxx+ xxxxxxxxxxxx xx xx.xxxxxxxxxxxxxxxxxx xxxxxxxxxxx xx.xxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxx xxx xxxxxxxxxxx 
xxxx xxxxx. xxxx xxx xxxxxxxxxxxxxx xxxxxxxxxxxxxx x xxxxxxxxx xxxxxxxxxxxxxxxxxxx xxx. xxxx xxx xxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxx x xxxxx xxxx x xxxxxx xxxxxxxx-xxx xxx-xxx xxxxxxxxx xxx xxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxx x,xxx xx.xxx xxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x,xxx xxxxxxx xxxxxxxxxxxxxxxxxxxx x x.x. xx xxxxxxxxxxxxxxxxxxxxxxxxxx xxxxx xxxxxxxxxxxxxxxxxxxxxxxx xxx xxx xxx xxx xxxxxxx xxx xx xx-xx% xxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx xxx xxxxxxxxxxxxxxxxx xxx xxx xxxxxxxxxxx xxx xxx xxxxxxx xxx xxxxxx xx-xx% xxxxxxxxxxxxxxxxxxxx xxx,xxx xxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxx xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxx xx.x% xxxxxxxxxxxxxxxxxxxxxxxxxx xxxx xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxx xx.x% xxxxxxxxxxxx x xxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxx xxxxxxxx xxxxx & xxx xxxxxxx xxxxxxxxxxxxxxxxxx xxxxxxxx, xxxx xxx xxx xxxxxxxx xxxx xxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
. xxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x.xx xxx xxxxxxxxx x.xx xxx xxxx xx.xx% xxxxxxxxxxxxx x.xx xxx xxxxxxxxxxxxx xxx xxxxxxx
. xxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x.xx xxx xxxx x.xx xxx xxxx x.xx% xxxxxxxxxxxxx x.xx xxx xxxxxxxxxxxxx xxx xxxxxxx xxx.xxxxx xxxxxxxxxxxxxxxxxxx xxx.xx xxxxxxxxx xxxxx x:x xxxxxxxxxxxxxxx-xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxx xxxxxxxxxxxxxxxxxxx xxx.xx xxxxxxxxx xxxxx x xxxxxxxxxxxxxxxx x xxxxx xxxxxxxxxxxxxx x xxx/xxxx xxxxxxxxxxxxxxxxxxxx xxx.xx xxxxxxxx xxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxx xxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxx xxx xxxxxxxx "xxx" xxxxxxx "xxxxxx" xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxx xxx xxxxxxxx "xx+" xxxx "xxx" xxxxxxxxxxxx "xxxxxx" xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxx xx xx xxxx xxx x xxxxxx xxxxxxxxxxxxxxxxxxx xxxxxx - "xxxxxx" xxxxxxxxxxxxxxxxxxxxxxxxxx.xxxxxxx xxxx xx xxxxxxxxxxx xxxxxxxxxxx xxx "xxxxxxx xxxxxxxx" xxxxxxxxx xxxxxxxxxx xx xxxxxxx, xxxxxxxxxx xxx xxxxxxxxxxxxxxx xxxxxxx - xxxxxxx xxxxxxxx xx xxxxxxxxxx xxxxxx x xxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x -x xxxxxxxx/xx xxx xxxxxxxxxxxx x.x xxxxx. xxxxx xx x.x.xxx xxxx xx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxx xx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxx x.xx xxxxxxxxxx xxx xxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx (xxxxxxxxxxxx) xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xx x.x.xxx xxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x xxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxx“xxxxxxx” xxxxxxxxxxx xxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxx x xxxxxxx xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxx xxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x xxxxx. xxxxx.xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx xx xxxxxxxxxxxxxxxxxxxxxxxx x xxxxx. xxx xx.xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx x.x.xxxxxxxxxx x xxxxx. xxx xxxx-xxx-xxx xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x.x xxxxxxx. xxxxxxxxxxxxxxxxxxxxxx xxx xxxxxxxxxxxxxxxxxxxxxxxxxxx x,xxx xxxxxxx xxxxxxxxxxxxxxxxx xx,xxx x.xxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x,xxx.xx xxxxxx xxxxxxx xx,xxx xxx xxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxx,xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxx xxx xxxxxxxxxxxxx x xx xxxxxxxxxxxxxxxxxxxxxxxx-xxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxx x,xxx – x,xxx xxxxxxx (xx,xxx – xx,xxx xxx) xxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx -x.x% xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx -x.x% xxxxxxxxxx x.x% xxx xx/xx xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxx - xxxxxxxxxxxxxxxxxxxx - xxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxx xxx.xxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxx xx "xxxxxx" xxxxxxxxxxxxx.xxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxx (xxx.xxxxxxxx) xxxxxxxxxxxx xxxxxxxxxxxxxxxxxxx xxxxxxx-xxxxxxxxx xxxxxxxxxxxxxx-xxxxxxx-xxxxxxx-xxxx-xxxxxxxxxxxxx xxxxxxxxxx x xxxxxxx / xxxxx xxx.xxxx x xxxxxxxxxxxxxxxxxxxx xxx "xxxxx" xxxxxxxxxxx xxx "xxxxxxx" xxxxxxxxxxxxxx. xxxxxxxxxxxxxxx-xxxxxxx xxxxxxxxx-xxxxxxxxxxxxxxxxxxxxxxx xxx x xxxxxxx xxxx “xxxxx xxxxxxxxxx” xxxxxxxxxxxxxx xxxx “xxxxxxx xxxxxxxx” xxxxxxxxxxx xxx.xxxxxxx “xxxxxxxxxxxxx” xxxxxxxxxxxxxx xx x.x. - xxxxxxxx xx x.x.xxx xxxxxxxxxxxxxxxxxxxxxxxx x.x%xxx. xxxxxxxxxxxxxx “xxxxxxxxxxxxx” xxxxxxxxxxxxxx xx x.x. xxx xxxxxxx xx x.x.xx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxx,xxx xxxxxxx xxxxxxxxxxxxxxx x/xx xxxx x% xxxxxxxxxxxxxxxx x.x% xxx. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xx x.x. - xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxxxxxxxxxxxx (xxx.) xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx x.x. .... (xxxxxxxxxxxxx xx xxxxxx xxxx) xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx (xxx.) xxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxx : xxxxxxxxxxxxxxxxxxxxx 
| 
ผลกระทบจากการหั่นเครดิตของหลายบริษัทจะสะท้อนออกมาทางตลาดตราสารหนี้และอัตราผลตอบแทนอย่างไร?
