High Yield bonds are usually non-callable for about half of life of the bond;
高收益债券通常在期限过半时不可赎回；
Look, all I am saying is that the high yield bond market is not the sort of relationship banking that you are used to in Europe.
你看，我所说的那种高收益的债券市场和你以前在欧洲做的银行业务没什么关系。
In Europe, there were no high-yield (meaning risky) bond issues in the whole of 2008.
在欧洲，2008年整整一年内没有任何“高产出”(即风险)债券发行。
Big companies are turning away from the banks to the bond market as a result: high-yield bond issuance in March broke the previous monthly record.
因此，大公司只有从银行转向债券市场：三月份的高收益债券发行破了上个月的记录。
When gold was at its real all-time high in 1980, the ten-year Treasury-bond yield was 10.8%.
在1980年，黄金价格处于最高水平时，10年国债收益率为10.8%。
High demand tends to push up bond prices, and when the price of bonds rises their yield falls.
旺盛的需求抬高了债券价格，债券价格上升，收益便随之下降。
Our first category of derivatives consists of a number of contracts, written in 2004-2008, that required payments by us if there were bond defaults by companies included in certain high-yield indices.
我们的第一类衍生品合约由若干合约组成，包括各种高收益率公司债券。它们于2004至2008年签订，要求在债券违约的情况下由我们来偿付。
Now there are signs that the bond market faces a big test after the 10-year government yield soared to an 18-month high of 3.33 per cent late last week.
在上周末十年期国债收益率飙升至3.33%的18个月内高点之后，如今有迹象表明，债市正面临巨大考验。
Now there are signs that the bond market faces a big test after the 10-year government yield soared to an 18-month high of 3.33 per cent late last week.
在上周末十年期国债收益率飙升至3.33%的18个月内高点之后，如今有迹象表明，债市正面临巨大考验。
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