Bonds as an asset class are expected to continue to outperform cash in the near term.
债券作为一种资产类别，短期内，表现预计会继续好于现金。
And it is inefficiently priced, not least because as an asset class it is hard to short: you can't hedge your exposure.
而且它的定价效率低，尤其是因为作为一种资产它不容易降价：你不能规避你的风险承担。
With interest rates certain to rise further, and economic growth likely to slow, we find it difficult be especially positive about the prospects for US equities as an asset class.
随着利率将进一步上升及经济增长可能放缓，我们对美国股票作为一项资产的前景未感乐观。
With interest rates certain to rise further, and economic growth likely to slow, we find it difficult be especially positive about the prospects for US equities as an asset class.
随着利率将进一步上升及经济增长可能放缓，我们对美国股票作为一项资产的前景未感乐观。
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