尽管存在一些可怕的可参照金融产品，还是很难下结论说ETFs已经引发了和抵押担保证券相当的系统风险。
Despite some eerie parallels, it is hard to conclude that ETFs yet pose a systemic risk on the same scale as mortgage-backed securities.
其二，美联储已经在交易低风险，低回报的国债和购买高收益的私人债券-例如银行贴现贷款，商业票据，和抵押担保证券。
Second, it has been trading in low-risk, low-return Treasury debt and buying higher-yielding private debt—discount loans to banks, commercial paper, and mortgage-backed securities, for example.
大多数资产担保证券，都是通过抵押贷款、信用卡贷款和汽车贷款产生的收入获利的。
Most asset-backed securities are secured by income generated from mortgages, credit card loans and auto loans.
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