All of these factors seem to be trumped by the dollar's unique role as the world's reserve currency and provider of the most liquid markets.
美元同时是全球的储备货币和高流动性市场的流通货币，所有这些因素似乎都在这一独特角色前折腰。
Since America is the world's largest economy, has the most liquid financial markets and operates the world's premier reserve currency, the Treasury bond has been seen as the global risk-free asset.
美国是全球最大的经济体，拥有流动性最强的金融市场，管理着全球最重要的储备货币，因此，美国国债已经被视为一项全球性的无风险资产。
It would take years to develop SDR money markets that are liquid enough to be a reserve asset.
因为成为国际储备货币需要一个具有高度流动性的交易市场，而这样一个交易市场是需要很多年才有可能建立起来的。
The Federal Reserve stands ready to take additional measures as necessary to foster liquid money-market conditions.
必要的话，美联储还将随时采取进一步措施，以促进货币市场的流动性”。
Reliable and liquid repositories for rainy-day saving are scarce, which is why reserve managers and bond investors continue to push money into the Treasury market.
既可靠、流动性又强并且能够以备不时之需的储藏物非常少，所许多外汇管理机构和债券投资者就继续将资金投入国债市场。
Reliable and liquid repositories for rainy-day saving are scarce, which is why reserve managers and bond investors continue to push money into the Treasury market.
既可靠、流动性又强并且能够以备不时之需的储藏物非常少，所许多外汇管理机构和债券投资者就继续将资金投入国债市场。
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