If they cease to rotate this wealth into us Treasuries, mortgage bonds, and other us assets, the dollar must weaken over time.

假如这些国家不再把这些资产转换成美国国库券、抵押债券或是其他美国资产，加以时日美元的地位就一定会被削弱。

youdao

The difference in yields on Treasury debt and mortgage bonds guaranteed by Fannie has narrowed roughly 0.7 percentage points.

美国国债收益率和房利美担保的抵押贷款债券收益率之间的利率已经缩小了大约0.7个百分点。

youdao

The Fed could accomplish something similar by reshuffling the composition of the $2.6 trillion in Treasury and mortgage bonds it already owns.

（但是）美联储可以通过转手其持有的组成为2.6万亿美元的长期债券和抵押贷款债券来达到相似于“量化宽松”政策的目的。

youdao

In a paper published in April he notes that those bonds and mortgage securities are worth more than their purchase prices.

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Their American counterparts, for instance, rely far less on American government bonds, and are much more willing to hold long-dated corporate bonds and mortgage-backed securities.

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Another round of quantitative easing that is, the purchase of government bonds and mortgage-backed securities (MBS) is likely, with the objective of reducing longer-term interest rates to induce spending and growth.

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