其二，美联储已经在交易低风险，低回报的国债和购买高收益的私人债券-例如银行贴现贷款，商业票据，和抵押担保证券。
Second, it has been trading in low-risk, low-return Treasury debt and buying higher-yielding private debt—discount loans to banks, commercial paper, and mortgage-backed securities, for example.
票据通常都是由抵押担保或无担保的短期商业贷款，也叫做期票。
A note is usually a short term business loan that may be secured or unsecured by collateral. Also called a promissory note.
如果是一栋房子或建筑物被用期票购买，它将会被称为抵押贷款应付票据。
If it were a house or building being purchased with a promissory note, it would be called a mortgage note payable.
如果是一栋房子或建筑物被用期票购买，它将会被称为抵押贷款应付票据。
If it were a house or building being purchased with a promissory note, it would be called a mortgage note payable.
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