但是,由指数连动债券与一般债券的息差产生的通胀预期,不会引起津巴布韦式货币贬值的恐慌。
But inflation expectations, derived from the gap between yields on index-linked and conventional bonds, hardly suggest fears of a Zimbabwe-style debasement.
一般来说,一个衍生产品是一种对市场表现的场外赌注(side bet),通常涉及股票、债券、货币以及商品,或者市场之间的关系,现在或者将来的。
Generally, a derivative is a kind of side bet on the performance of a market - usually involving stocks, bonds, currencies and commodities - or the relationship between markets, now or in the future.
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