Lo and behold, their bonds would go up because people had discovered that you might be entitled to par.
你可以发现,他们的债券价格会上升因为人们,已经发现你可能有权以票面价值。
With the recent spike in food prices around the world that you've all heard of because of rising energy costs.
大家都听说了,由于能源价格上升,导致了全球食品价格的飞涨
Buying them tends to push up the price; that tends to influence the yield down so it encourages a lower level of interest rate.
买进它们,导致价格上升;,导致参数降低,所以它鼓励一个低的利率水平。
There was a huge rally in treasury bonds on October 19, 1987.
987年10月19日,长期国债的价格大幅上升
So it started to drift and people started to think I think a guinea is worth more than twenty shillings and the market price drifted up to twenty-one shillings.
所以,它的价值开始波动,人们开始考虑,我认为一个几尼的价值多于二十个先令的价格,于是市场价格就上升到二十一先令的价值上去了。
In 1988, when there was a boom in California, but of course not in Milwaukee, the average person in Los Angeles thought home prices would go up 10% a year for the next ten years --that's the median, I'm sorry.
988年加利福尼亚出现了繁荣,当然,在密尔沃基则没有出现,洛杉矶的人们普遍都认为房屋价格,会在未来十年内以每年10%的速度,上升,应该是中间价,不好意思
Now, there's the other side of the stock going up and we have to think about how much that can cost us and whether our coupons are enough and whether the difference between the $.60 that we paid is apt to cover that.
现在,如果相反,股票价格上升,那么我们必须考虑这会花费我们多少,以及我们的票息,和我们付出的0。60美元的价格和,是否能够恰好冲抵它。
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