When we're talking about treasury bonds your returns are typically pretty low.

当我们谈论国债时，你的回报通常很低。

Right now, for a 10 year treasury bond, you're looking at close to 3%.

现在，对于 10 年期国债来说，利率接近 3%。

Ultra-long special treasury bonds typically refer to those with a tenor of more than 10 years.

超长期特别国债通常是指期限在10年以上的国债。

And are more likely to build wealth, because a treasury bond isn't necessarily the best way to grow your money.

而且更有可能积累财富，因为国债不一定是增加资金的最佳方式。

So I'm gonna do my best dad impression on how I can explain a treasury bond to a five year old.

所以我要尽我父亲的最大努力向一个五岁的孩子解释国债。

" Central bank transactions in treasury bonds are also likely to start and expand in response to market conditions to manage the treasury bond yield, " Lou said.

“未来需要对货币政策进行改革，以明确短期利率及其向长期利率传导的机制。”

I still have a few lingering worries about the valuation of stocks, I now get a real return on a credit risk-free treasury bond portfolio.

我对股票的估值仍有一些挥之不去的担忧，我现在从无信用风险的国债投资组合中获得了真正的回报。

A treasury bond is a loan that you make to the US government, and the US government is going to promise to pay you back on a certain date.

国债是指你向美国政府提供的贷款，美国政府将承诺在某一天偿还你。

China has decided to issue 1 trillion yuan ($136.79 billion) of treasury bonds during the fourth quarter, expanding budgeted fiscal deficit rates to around 3.8 percent for the year, up from 3 percent.

我国决定在四季度增发 1 万亿元国债，预计财政赤字率由 3% 提高到 3.8% 左右。

Guan added that in the base case scenario, in which the United States achieves a soft landing while the Fed continues rate cuts, foreign institutions may continue to boost holdings in renminbi-denominated bonds, especially treasury bonds.

管涛补充，在美国实现软着陆而美联储继续降息的基本情况下，境外机构可能会继续增持人民币债券，尤其是国债。