After analysing bond, equity and credit markets, Stephen Jen of Morgan Stanley recently argued that the risk of recession was only 13%, down from 19% a month before.

在分析了债券、证券和信用市场后，摩根·斯坦利的任永力最近认为，经济衰退威胁的可能性从一个月前的19%下降到只有13%。

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Mr Green believes the demand for short-term debt has also shaken the long-term bond market out of its torpor, pushing issues from $8 billion to $13 billion.

格林认为，长期债券市场也因短期负债需求的存在而重现活力，发行量从80亿美元增加到130亿美元。

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The yield on the 10-year U.K. government bond fell to a record low of 2.933 percent on March 13 after the bank began the program.

在银行开始该计划后，10年期的英国国债收益在3月13日已经下降到了2.933%。

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The iShares 20-year bond ETF TLT declined 13% from its peak last summer to its low last month.

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Uncertainty over the timeline for a resolution in Europe and falling levels in the stock market have also helped drive investors into safe-haven assets like U.S. Treasuries, which has left the 10-year bond today yielding 2.11% and the 30-year long-term bond yielding 3.13%.

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Its 30-year bond launch yielding 5.13% saw such strong demand that the deal was re-priced to yield 4bps lower at the final issue.

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