Banks, for example, hold JGBs because they cannot find better returns elsewhere.
如银行持有日本债券，因为他们在其它地方找不到更好的回报了。
If those insurers don't have to make massive payments, they probably won't have to liquidate assets like JGBs.
如果那些承保人不必进行巨额理赔，他们就大可不必清算国债之类的资产。
To stay competitive, the banks need the flexibility to switch from buying JGBs to funding private-sector growth.
为了保持竞争力，银行需要能够灵活地从购买国债转换到为私营经济的增长提供资金。
Then, in September, BoJ officials embarked on an experiment: aim to hit a preset target for the short and long yield curve by buying more JGBs.
然后9月份日本央行官员启动了一项实验，希望通过购买更多日本国债来实现对短期和长期收益率曲线预设的目标。
Then, in September, BoJ officials embarked on an experiment: aim to hit a preset target for the short and long yield curve by buying more JGBs.
然后9月份日本央行官员启动了一项实验，希望通过购买更多日本国债来实现对短期和长期收益率曲线预设的目标。
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