But the recent rout in both stock and bond prices has wrong-footed investors.

但最近股票和债券价格的暴跌让投资者措手不及。

We've also seen a repricing of the US government bond prices.

我们也看到了美国政府债券价格的重新定价。

US government bond prices rose as investors sought safe places to park their money.

就在投资人将资金转移的同时，美国政府债券价格攀升。

Now, at the same time, bond prices have been rebounding from last year's sell-off.

与此同时，债券价格已从去年的抛售中反弹。

Bond pricing now has the peak pegged at 5%, reflecting the fact that a variety of inflation indicators have stayed stubbornly high.

债券定价现在将峰值固定在5%，反映出各种通胀指标一直居高不下。

Even without central banks raising short-term interest rates, this glut could drive bond prices down and yields up.

即使各国央行不提高短期利率，这种过剩也可能压低债券价格，推高收益率。

And investors and analysts are a bit worried about what this will mean for bond prices.

投资者和分析师有点担心这对债券价格意味着什么。

And so you've also seen some absolutely gigantic rallies in bond prices in the eurozone and in the UK.

欧元区和英国的债券价格也出现了巨大的反弹。

When interest rates rise, bond prices fall, so the jump in rates eroded the value of SVB's bond portfolio.

当利率上升时，债券价格下跌，因此利率的跃升侵蚀了 SVB 债券投资组合的价值。

Bond pricing suggests that rates will peak at less than 5% and that the central bank will start cutting them before the end of 2023.

债券定价表明，利率峰值将低于5%，美联储将在2023年底之前开始降息。

They are taking a hit from collateral calls on derivatives linked to bond prices, leaving them with a short-term financing problem.

英国养老基金正受到与债券价格挂钩的衍生产品抵押品催缴的打击，使养老金面临短期融资问题。

But instead of producing rising bond prices and falling yields, the central bank's actions have so far led to the opposite.

可事与愿违，日本央行的这一举动并没有推高债券价格，压低收益率，反而导致了相反的结果。

Following the data, bond pricing put the chances at roughly 50-50 that it would instead opt for a full percentage point increase.

数据公布后，债券定价显示，美联储选择加息整整一个百分点的可能性约为50%。

Higher rates push down bond prices.

较高的利率会压低债券价格。

And so suddenly you had bond prices picking up.

突然之间，债券价格上涨。

And all bond prices have fallen in the last year as interest rates have risen.

随着利率上升， 去年所有债券价格都下跌了。

When interest rates go up, bond prices tend to go down and vice versa.

当利率上升时，债券价格往往会下跌，反之亦然。

The move boosted bond prices and yields dropped, but the political damage is done.

此举提振了债券价格和收益率下降， 但政治损害已经造成。

So my question for THE INDICATOR is - why do bond prices and interest rates move in opposite directions?

所以我对指标的问题是——为什么债券价格和利率走势相反？

When we're talking about bond prices, we're really talking about you trading that bond ahead of maturity.

当我们谈论债券价格时，我们实际上是在谈论您在到期前交易该债券。