Nothing happens to the two-period bond because it just continues to mature.

两年期债券的头寸则没什么变化,因为它仍在存续期内

耶鲁公开课 - 金融市场课程节选

It hasn't affected my portfolio--my cash position--at all.

对我投资组合与现金头寸均无影响

耶鲁公开课 - 金融市场课程节选

When you look at each of those individual asset classes -domestic equities, foreign equities, bonds, real assets, absolute return and private equity -each of those individual asset classes is going to be relatively well-diversified in terms of exposures to individual positions or individual securities.

当你观察每一种资产,比如国内股权,国外股权,债券,不动产,绝对收益和私募股权,这其中每一种,比起单一头寸或单一证券,风险都是相对分散的

耶鲁公开课 - 金融市场课程节选