Under normal circumstances, a rise in bond yields accompanied by strong economic growth would hardly be a surprise. But the global economy and financial markets have behaved so abnormally for so long that the movements of the past few days require careful examination — especially given that the falls in fixed income markets have been accompanied by sharp drops in equity prices.
正常情況下,伴隨著強勁經濟成長的債券收益率上升不至於讓人意外。但是,全球經濟和金融市場表現異常已有如此之久,以至於過去幾天的走勢值得仔細考察——尤其是考慮到固定收益市場的下跌伴隨著股價急劇下挫。
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