But the bond market and loans between companies filled some of the gap.
但是债券市场和公司之间的贷款填补了一些空缺。
As for investors, the bond market offers them another investment option.
而对投资者来说，债券市场可提供多一种投资选择。
That has driven down the liquidity premium in the bond market (and pushed yields lower).
那已降低了债券市场上的流动性溢价（使得债券的收益率更低）。
The welfare state and the bond market have collided, and the welfare state is in retreat.
福利制度和债券市场发生冲突，福利制度只好退让。
Liquidity is usually hard to shift, but 1960s New York taxed the bond market to London.
人口的流动一般来说比较难改变，但是在上世纪六十年代，纽约向伦敦征收了债权市场的税额。
At some point, I asked Bentsen how much we'd have to reduce the deficit to rally the bond market.
在会议的某个时刻，我问本特森，我们应削减多少赤字才能为债券市场注入活力。
After last week's events in the bond market, it is clear that further delay is no longer possible.
过去几周来债券市场的发生的事情已经表明，债务已经不可能在持续下去了。
Despite all the fuss, less favoured euro-zone borrowers have been far from shunned by the bond market.
尽管一片忙乱，债券市场也没有抛弃那些较差的欧元区债务国。
Xu Song: We think that is a good opportunity to present the bond market has long-term investment value.
许菘：我们认为这是一个很好的机会，目前债券市场的长期投资价值。
For the bond market, the outlook is positive for the next few quarters, but more challenging thereafter.
对于债券市场，未来数季度的前景较为乐观，但之后将更具挑战性。
the threat from the bond market was supposed to be the reason that we must slash the deficit now now now.
来自债务市场的威胁本应该称为我们现在立刻削减赤字的理由。
The shift was due to a distortion in the bond market because Asian central Banks preferred to buy short-dated debt.
转变是由于亚洲中央银行偏爱买入短期国债(公债)而导致债券市场扭曲。
But most companies pay a dividend yield way below what you'd get from the bond market, and many pay no dividend at all.
但多数公司的分红回报比你从债券市场得到的要低，还有很多根本就不分红。
A bearish stance toward Treasuries and a bullish one toward the rest of the bond market represents the consensus view.
对国债的看跌和对其余的债券看涨代表一致的意见。
In America the consequences of this credit crunch are being mitigated, at least for large firms, by the ability to tap the bond market.
在美国，至少对大公司而言，信贷短缺的后果正在被缓和，因为它们有利用债券市场的能力。
In the graph below, the bond market is at equilibrium at point a, at the intersection of the supply of bonds, s, and the demand for bonds, d.
下图所示，债券市场在债券供应s与债券需求d的交叉点A点处于平衡状态。
But individual and professional investors continue to plow money into the bond market, giving companies a constant source of funds to tap.
不过，个人投资者和专业投资者继续向债市投入资金，给了公司持续的资金流可以利用。
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。
Unfortunately, there is no such adjustment being forced upon Washington at the moment because the bond market has not woken up to the dangers ahead.
不幸的是，此刻华盛顿并没有感受到这种调整的压力，因为债券市场并没有因为前面的危险而清醒过来。
With each new leg higher, the bond market gets more expensive and interest rates, which move in the opposite direction of price, fall even lower.
随着每一轮新的上扬，债市价格上涨，而与债券价格反向而动的利率则进一步下滑。
In short, the bond market is caught in an awkward compromise, with worries about the financial and economic outlook balancing concern about inflation.
从短期看，人们需要在忧虑财政和经济前景和担心通胀恶化之间再三权衡，这使得债券市场的境况十分尴尬。
At least until now the bond market had full confidence in U.S. bonds interest rates still being declined making the house lending rates also declined.
至少到目前为止，债券市场对美国债券还充满信心，美国债券的利率竟然还在下降，使得房子的贷款利率也下降。
At least until now, the bond market had full confidence in U.S. bonds, interest rates still being declined, making the house lending rates also declined.
至少到目前为止，债券市场对美国债券还充满信心，美国债券的利率竟然还在下降，使得房子的贷款利率也下降。
Structural deficits soon re-emerged, but the bond market no longer seemed to care, as long as the global savings glut kept America's borrowing costs low.
结构性赤字马上再现，但只要全球存款能保住美国低廉的借钱成本，债券市场似乎就不必在意巨大的赤字了。
Investors are expecting a spurt of issuance this week by junk-rated European companies, a sector of the bond market that was frozen for much of last year.
投资者预计垃圾级欧洲企业的债券发行本周将出现井喷，在去年的大部分时间里，债券市场的这一领域都处于冻结状态。
Investors are expecting a spurt of issuance this week by junk-rated European companies, a sector of the bond market that was frozen for much of last year.
投资者预计垃圾级欧洲企业的债券发行本周将出现井喷，在去年的大部分时间里，债券市场的这一领域都处于冻结状态。
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