最早的问题出现在超短期债券基金上,许多投资者认为这种基金的安全程度堪比现金。
Some of the first cracks appeared among ultrashort bond funds, which many investors regarded as almost as safe as cash.
货币基金通常是一个短期企业债券、财政债券、及其它高等级债权的组合。
Money market funds typically hold a mix of short-term corporate bonds, Treasury bills, and other high-quality debt.
因此收益率在2%的两年期银行定存单或者通货膨胀保值型国债,以及收益率在2%以上的短期投资级债券基金都属于不错的选择。
So a two-year bank CD or a Treasury inflation-protected security yielding around 2%, and short-term investment-grade bond funds at 2% plus, aren't the end of the world.
多数巨型银行都有着数千亿美元的债务,包括:来自其他银行的隔夜贷款、出售给货币市场基金及债券(由退休基金持有)的短期票券。
The biggest Banks each have hundreds of billions of dollars of such debt, including overnight loans from other Banks, short-term paper sold to money-market funds and bonds held by pension funds.
长期债券的发行量已经很少,美国短期借贷市场基金,短期银行汇票的购买者到目前为止也越来越感到恐惧。
Long-term bond issues have become scarce and American money-market funds, hitherto buyers of short-term bank bills, are running scared.
外国投资者像主权财富基金和中央银行非常乐于持有英国短期债券,现在已拥有超过三分之一的债券。
Foreign investors such as sovereign-wealth funds and central Banks have been happily hoovering up Britain's shorter-term securities and now own more than one-third of all outstanding gilts.
于较短期内我们并未对本基金作出显著调整,但如上所述,我们已开始用现金买入部分高收益债券。
While we have not made significant changes to the fund in the very short term, as stated we have begun to buy some high yield names out of cash.
于较短期内我们并未对本基金作出显著调整,但如上所述,我们已开始用现金买入部分高收益债券。
While we have not made significant changes to the fund in the very short term, as stated we have begun to buy some high yield names out of cash.
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