The Japanese routinely purchase more than a third of U.S. Treasury Bills.
日本通常购买三分之一以上的美国短期国债。
U.S. Treasury bills are the textbook definition of a safe haven asset, historically one of the most risk-free assets you can buy next to precious metals.
美国国库债券是资产的安全避险天堂,这是教科书般的定义。 在历史上,除贵金属之外,它也是你可以买到的最没有风险的资产之一。
The U.S. Government is a big issuer of discount bonds and they're called Treasury bills.
美国政府是贴现债券的大发行商,这些被称为国库券
What they did instead of just-remember the Federal Funds Rate is a target interest rate that the Fed attempts to hit through buying and selling treasury bills in the U.S. or in other countries buying and selling government bonds to affect the market.
他们真正做的事-记住,联邦资金利率是,美联储试图通过在美国,买进和卖出国库券,或在其他国家买进和卖出政府债券,来影响市场的目标利率。
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