The costs were huge -not just the immediate costs in terms of the move from stocks to bonds.

代价是巨大的,不仅仅是卖掉股票,和买进债券的直接交易成本

耶鲁公开课 - 金融市场课程节选

I deal directly with the broker,

我直接跟经纪人交易，

经济危机的影响 - SpeakingMax英语口语达人

So normally, you don't deal with Treasury Direct, you deal with a dealer.

所以通常,你不直接和"国库指南"交易,而是和中间商交易

耶鲁公开课 - 金融市场课程节选