S. Federal Reserve. Low rates encourage commodity stockpiling, he says, by making it less attractive to sell commodities and put the proceeds into bonds and other debt instruments.
低利率使得当下出售商品并将收益转入国债和其他债券工具的做法获利不大,从而刺激人们屯积商品。
Holders of hybrid instruments, as well as of other forms of junior debt, have been given their own reasons to reflect.
金融组合工具以及其他形式的初级债券的持有者并不这样认为。
The days of easy pickings for hedge funds and their sponsor Banks which traded credit-derivative insurance and other exotic debt instruments are over.
那些对信用衍生品保险和其他别出心裁债务工具做交易的对冲基金及其担保银行不费吹灰之力就能大捞一笔的日子一去不复还了。
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