Although stocks fell and credit-default swaps on American debt widened when the news broke, the bond market remained oddly unruffled: yields ended lower on the day.

尽管当这一消息爆出之后，美国的股市出现下跌，国债的信贷违约互换利差也有所拉大，但是债券市场表现却异常平静，当日收益率仍以低位收盘。

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These traders turn over millions of dollars in these trades every day, and credit default swaps are just one of many kinds of derivatives.

这些交易员每天进行上百万美元的交易，贷款信用违约互换只是众多衍生产品中的一个产品。

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But given the prevalence of trading on the vast over-the-counter swaps markets, it is difficult to get a one-day fix on traders' positions.

但鉴于场外掉期市场上的交易也很普遍，很难明确知道某一天交易员的头寸数。

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There are believers, though, or perhaps gamblers, who think that one day swaps will be the leading benchmark, with the Swapnote becoming the benchmark future.

ECONOMIST: Swap futures

But, whereas at the moment a member of staff who swaps to a day shift to undergo some training loses that allowance, under the new system they will not.

BBC: Selling the NHS pay deal

All day long, spreads in credit default swaps on major U.S. banks, like Goldman Sachs, grew wider on concern that a Greek default would translate into adverse consequences for financial companies.

FORBES: Greek Woes Or Trader's Mistake? Take Your Pick