请问老师,最后一段话The rates on the cross-currency basis swaps will depend on the demand for US dollar funding, because when the US dollar reference floating rate is elevated, the counterparty receiving US dollars at initiation of the swap will be willing to receive a lower interest rate on the non-dollar currency periodic payments.是啥意思啊?没理解,感觉这句话在整个背景中是多余的。
可否讲解一下我所复制部分的逻辑