immediate interest short-term interest
眼前利益 immediate interest short-term interest 长远利益. interest in the long run
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immediate interest short-term interest
即期利息短期利息
以上为机器翻译结果，长、整句建议使用 人工翻译 。
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In the second scenario, a sudden jump in interest rates, short-term and medium-term bond funds take an immediate hit in their value and then take about two years or more to climb back to their starting value.
WSJ: A 401(k) Defense Against Rising Rates