Traders can trade away the underlying interest rate risks by hedging in the interest rate futures market.

债券交易商可以在利率期货市场上(interest rate futures market)通过对冲(hedging)规避利率风险。

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This paper discusses the assumptions underlying the uncovered interest rate parity and the implications for capital flow and exchange rate management.

本文从利率平价理论出发，重点分析了利率市场化对跨境资本流动的影响。

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Underlying the rate worries, bonds -- whose fixed return makes them linked to interest rate and inflation expectations - also weakened.

BBC: Friday close

The underlying rate of inflation, which excludes mortgage-interest costs, rose from 2.7% to 3.0%, well above the government's target for it of 2.5%.

ECONOMIST: Pause for thought

At 2%, the key underlying rate, which is used by the Bank of England when setting interest rates, is well below the government's 2.5% target.

BBC: UK inflation Oct