For that to happen, though, the Treasury may have to offer higher coupon rates than the 5.05% yield on reverse repos.

不过，要做到这一点，财政部可能必须提供高于5.05%的逆回购票面利率。

For high-yield speculative bonds, the average coupon rate is a manageable 5.9%, compared with a market yield of 8.4%.

对于高收益投机性债券， 平均票面利率为 5.9%，而市场收益率为 8.4%， 处于可控水平。

In March Multi-Color Corporation, an American label-maker, issued $300m of bonds at a hefty 9.5% coupon rate.

3 月， 美国标签制造商 Multi-Color Corporation 发行了 3 亿美元的债券，票面利率高达 9.5%。

Goldman Sachs, a bank, reckons that the average coupon rate on speculative-grade floating-rate loans in America has already soared to 8.4%, up from 4.8% a year ago (see chart 3).

高盛银行估计，美国投机级浮动利率贷款的平均票面利率已从一年前的 4.8% 飙升至 8.4%（见图 3）。

The average coupon rate that issuers actually pay on American investment-grade corporate bonds is currently 3.9%, well below the yield of 5.3% that the market is pricing in at the moment.

发行人为美国投资级公司债券实际支付的平均票面利率目前为 3.9%，远低于目前市场定价的 5.3% 的收益率。