But investors should be wary of assuming the best case and scooping up the bonds of these companies, despite their double-digit yields.
2
毕竟,多方曾认为低收益率对股价是一个好消息,因为这会鼓励投资者退出固定收益资产以寻找更高的回报。
After all, bulls were previously arguing that low yields were good news for equities, as they encouraged investors to move out of fixed-income assets in search of higher returns.
3
与普通股价格不同,债券收益率的平均值终究会恢复,这就意味着它们会围绕其历史平均值上下波动。
Unlike equity prices, bond yields mean revert over time, meaning they rise and fall around their historical average.