US move to long-term debt sparks concerns
美国增加长期国债比重引发担忧
US move to long-term debt sparks concerns
A split is emerging among investors and dealers in the US government bond market over how the US Treasury should finance its record borrowing needs with the scale of 30-year debt sales causing friction.
在美国国债市场上,对于美国财政部应如何满足其创纪录的借款需求,投资者和交易员的意见正分成两派。30年期国债发行的规模正引起争执。
At a time of record debt issuance by governments in the US and Europe, there is an acute need to maintain the confidence of bond investors. In the US, the average maturity of its outstanding debt is 58 months and in line with the average since 1980. But it is much lower than countries such as the UK.
在美欧各国政府以创纪录规模发行债券之际,迫切需要维持债券投资者的信心。美国未清偿债券的平均期限为58个月,维持在1980年以来的平均水平,但明显短于英国等其它国家。
