不过如果仔细考虑，就会发现即使是德国和美国的债券也并不是美丽无瑕的。

But if you really think about it, even German and American debt is not looking so good either.

youdao

你是否对美国的债券市场(treasury market)到底有多大有自己的认识？

Do you have a sense of how big the U.S. Treasury market is?

youdao

美国的债券收益率正在飞涨，而西方的央行尽管内部紧张气氛正在加剧，依然保持着掩耳盗铃的姿态。

US bond yields are surging and Western central Banks, despite growing tension within their ranks, remain in ostrich mode.

youdao

It is showing since the U.S. Government issues these bonds, it's showing its data on these bonds.

这里显示了,因为这些债券是美国政府发行的,所以这里显示了这些债券发行的数据

耶鲁公开课 - 金融市场课程节选

Northern Rock was a British building society that was investing in subprime paper in the U.S.

北岩银行是英国的一家建房互助协会,它曾在美国投资次级债券

耶鲁公开课 - 金融市场课程节选

The U.S. Government is a big issuer of discount bonds and they're called Treasury bills.

美国政府是贴现债券的大发行商,这些被称为国库券

耶鲁公开课 - 金融市场课程节选