If the dollar keeps dropping, stocks and bonds priced in euros, yen, rubles or shekels will tend to become more valuable; anything denominated in foreign currency will then buy more dollars.
如果美元继续下行,以欧元、日圆、卢布或以色列谢克尔计价的股票和债券会变得更有价值,那么以外币计价的任何资产都将能购买更多的美元。
America's financial markets met the global demand for "safe" dollar assets by repackaging the mortgages of marginal borrowers as bonds, which turned sour.
美国的金融市场通过把边际借款人的抵押重新包装成债券,满足了全球对于安全的美元资产的需求,但这样的债券后来却无人问津。
Asian central banks, which have helped sustain both the current-account deficit and the dollar by buying Treasury bonds in startlingly large quantities, have little interest in a weaker greenback.
对于这两句话,我个人的理解是:亚洲的各中央银行,通过购买数量惊人的美国的国库券,在维持美国的经常项目赤字以及强势美元方面起到推波助澜的作用,他们当然也不希望看到美元走弱(一走弱他们手头所持的资产就会大幅缩水)。 后一句的extra revenue 我觉得翻成:“过多的收入”可能会好一点。
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