国债

However, the interest rate premium demanded by investors in 10-year Greek bonds over German bunds has stabilised this week.

而且，在4月和5月，希腊将有200亿欧元债券需要展期。不过，希腊10年期国债与德国10年期国债的息差本周已经趋稳。

The spread of ten-year bonds against bunds widened by 0.16 percentage points, to 1.43 points.

葡十年期国债与德国国债收益率之差扩大了0.16个百分点，达到1.43。

The interest-rate spread between 10-year Greek government bonds and their counterpart German bunds has widened by a full percentage point in the past six months.

过去六个月，10年期希腊国债和10年期德国国债间的息差扩大了整整一个百分点。

MS FAYRE （the Morgan Stanley FAir Yield Regression Estimate） is based on an estimated long-run relationship between 10-year yields and a small set of 'fundamentals', including the real fed funds rate, survey-based inflation expectations and inflation volatility （for an exposition of the model, refer to J.

MS FAYRE是摩根斯坦利估算的10年期国债收益率合理值，依据是10年期国债收益率与一组&基本面变量&（包括实际联邦基金利率、调查得出的通胀预期以及通胀波动性指标）之间的长期回归关系。

What is the difference between bond traded at Counter and Certificate Treasury?

通过柜台交易的记账式国债与凭证式国债有何不同？

Judging by the spread between American Treasury bonds （ certificate promising debt repayment ） and Treasury Inflation-Protected Securities , investors' expectations of inflation between five and ten years hence have been falling.

从美国普通国债与保值国债之差可以看出，投资者5到10年间的通胀预期一直在减低。

Liquidity: Book-entry bond can be sold and purchased anytime, very flexible. Certificate Treasury can only be drawn in advance at commercial bank, very difficult to buy again.

流动性：记账式国债随时可以卖出，随时可以买入，流动性强；凭证式国债只能到商业银行提前兑取，很难再买入。

For the external demand, the supply of bond is a function of horizontal and vertical structure, the horizontal supply is to become operational tools in different fields; and the vertical supply is an inherent feature of the innovation of government bond.

从外部需求看，国债功能供给是一个横向和纵向的二维结构，横向供给是成为不同领域的操作工具，纵向供给是对国债内在功能的挖掘创新。

Over the past eight months, it has increasingly bought short-dated US Treasuries over longer maturities, insulating itself against an increase in bond yields should the Fed's quantitative easing backfire.

过去8个月，中国不断增加短期美国国债相对于长期国债的购买量，这样，万一美联储的定量宽松政策产生回火，中国也能免受债券收益率上升的影响。

Treasury bonds, unlike corporates or municipals, can't gain from an improving economy; if interest rates rise, Treasurys will get hammered.

美国国债不同于公司债或市政债券，无法从经济好转中获利；如果利率上调，国债将遭受打击。

According to the clear water experiment, aeration performance of the new equipment is good with high total oxygen transfer coefficient and oxygen utilization ratio.

曝气设备的动力效率在叶轮转速为120rpm～150rpm时取得最大值，此时氧利用率和充氧能力也具有较高值。

The environmental stability of that world - including its crushing pressures and icy darkness - means that some of its most famous inhabitants have survived for eons as evolutionary throwbacks, their bodies undergoing little change.

稳定的海底环境─包括能把人压扁的压力和冰冷的黑暗─意谓海底某些最知名的栖居生物已以演化返祖的样态活了万世，形体几无变化。