• These are long-term government bonds and I--now these are--since they're long-term, they have some uncertainty and variability to them.

    这些是长期政府债券,由于它们是长期的,就存在不确定性和变化性。

    耶鲁公开课 - 金融市场课程节选

  • I have stocks, bonds, and oil but I want also to add one more final asset, we'll call it the riskless asset, long-term bonds are somewhat uncertain and variable because they're long-term.

    有股票,债券和石油,我还想再增加最后一种资产,我们称之为无风险资产,由于长期债券持有期限很长,存在一定不确定性及风险。

    耶鲁公开课 - 金融市场课程节选

  • It's much better--the uncertainty about x/n is much lower for the case n = 100 than it was for the case n = 1, but it's still there.

    当n=100时,x/n的不确定性,比n=1时要小得多,但是不确定性仍然是存在

    耶鲁公开课 - 金融市场课程节选

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