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Treasury Ministry control the macro economy by issuing bonds and National Central Bank realize its short-term monetary targets with Treasury bond repo. 财政部通过发行国债实现其对宏观经济的调控,中央银行通过国债回购来实现对市场短期资金供给的微调。
Positive inflation shocks also increase Treasury yields and widen credit spreads, but there is only a strong impact on short-term Treasury and corporate bond credit spreads. 可用资金增速的提高会降低国债收益率和高等级企业债信用利差,但却提高了较低等级的企业债信用利差,对期限的变化大多表现出稳定性和持续性;
Thus, short-term off-the-run liquidity, by reflecting macro shocks first, is the primary source of the liquidity premium in the Treasury bond market. 因此,短期债券流动性,首先通过股票大盘反映,是在美国国债市场中流动性溢价的主要来源。
权威例句
To profit from a housing-induced drop in short-term rates, buy the iShares Lehman 1-3 Year Treasury Bond Fund (80, SHY) or its call option. FORBES: Magazine Article
At the time it began to sink, unable to meet margin calls, Long-Term Capital was, for example, long large amounts of the 29-year Treasury bond and short equally large amounts of the 30-year Treasury. FORBES: Archimedes on Wall Street
Short term bond yields increased slightly to 3.64% for the benchmark 10-year Treasury, while the 30-year bond yields fell to 4.68%. FORBES: Markets Mixed As President Prepares Budget