The interest on bonds is subject to the directive, for instance, but dividends on shares, bond-like insurance products or income from derivatives are not.

例如，债券利息虽属于指令的规制范围，但股票红利、债券性保险项目或金融衍生产品收益便不在上列。

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The United States is not exempt. Low American interest rates mean bond markets haven't yet turned on us.

美国也未能幸免，我们尚未迎来低水平的美国利率。

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That is because it may deplete its capital by selling assets at a loss or paying interest on reserves to prevent bond purchases from fuelling inflation.

这是因为它可能通过亏损卖出资产，或者为储备支付利息，以防止购买债券助长通货膨胀，因此将导致其资本损耗。

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Washington has said repeatedly that in such a case that the debt ceiling was not raised further, it would continue paying interest on bond payments first and foremost.

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When thinking about the cost of this kind of arrangement, many people would focus on the interest rate on the bond the government is issuing (just as they focus now on the interest rate on the promissory notes).

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Bond investors become concerned that the currency will lose its value faster than the interest on the bond will grow.

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