With Italian bond yields soaring, the European Central Bank was forced to step in.

因为意大利债券收益率飙升，欧洲中央银行被迫插手干预。

youdao

Share prices had halved and there had been massive bond defaults, but no big bank collapses.

股价跌去一半，并出现了大量债券违约，但没有一家大型银行倒闭。

youdao

The euro quickly became a major international currency: the euro bond market soon came to rival the dollar bond market; euro bank notes began circulating around the world.

很快，欧元成为主要国际货币之一：欧元债券市场迅速成为美元债券市场的竞争对手；欧元钞票开始在全世界流通。

youdao

What you could do hundreds of years ago-- and can still do it today-- was go to a bank and present this bond or IOU and say, "What will you give me for it?"

在数百年前你们能做的,在今天还是能够做到的就是,到银行出示这份合约或欠条,问,你们根据它能给我多少钱

耶鲁公开课 - 金融市场课程节选

Put another way, a poor quality bank bond that no one wants because the bank is in trouble is suddenly high quality debt if the Fed is prepared to swap it for a Treasury bond.

FORBES: The Question Warren Buffett Can't Answer

Last year, retiring Chairman John Bond hosted the bank s board in Bombay and Delhi.

FORBES: Bank Shot, Global Pocket

Another quasi-government security is a bank bond with a guarantee from the Federal Deposit Insurance Corp.

FORBES: Investment Guide