你知道债券基金经理和债券交易商是如何管理利率风险的吗？

Have an idea how bond portfolio managers and traders manage their interest rate risks.

youdao

这里有个债券交易商，用了上百年的公式，这是个传统表达式，它能用折扣率算得价格。

Well, there's a formula that's been used by bond traders for hundreds of years and it's a traditional expression, which goes from the discount rate to the price.

youdao

三十来岁的债券交易商对普通美国人的生活有巨大的影响。我们这是第一次就此交换意见，以后这样的交流还有一些。

This was the first of many exchanges we would have about the power over the lives of ordinary Americans exercised by thirty-year-old bond traders.

youdao

Well, there's a formula that's been used by bond traders for hundreds of years and it's a traditional expression, which goes from the discount rate to the price.

这里有个债券交易商,用了上百年的公式,这是个传统表达式,它能用折扣率算得价格

耶鲁公开课 - 金融市场课程节选