In the fixed income market, we would emphasize Treasury issues in the five-year maturity range for extra income against what promises to be a low-inflation and flatter-yield-curve backdrop.

在固定收入市场上，鉴于有望是低通货膨胀和更为平稳的收益曲线回落，我们要强调五年偿还期的国库发行票据，可以获得额外的收入。

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The fact that their benchmark rates are well below their minimum payout has been viewed as a negative and thus, the market is pricing them to provide yields comparable to fixed rate issues.

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