It's phosphate, carbon, carbon, carbon, phosphate, carbon, carbon, carbon, phosphate and it has this structure hanging off the side.

就是磷酸基与戊糖的碳反复连接,如此循环往复,这种结构构成了主链的一边

耶鲁公开课 - 生物医学工程探索课程节选

The Fed has these auctions but it auctions them off at what price the public will pay, so the Fed doesn't determine the term structure.

联储局公开拍卖债券,但只有当公众愿意以特定价格支付时,这些债券才能成交,所以联储局不能决定期限结构

耶鲁公开课 - 金融市场课程节选