On average, junk bonds yield 4.77%, compared to less than 1.1% for bonds overall.

平均而言，垃圾债券为4.77%，而债券整体不到1.1%。

The widening gap between Japanese yields and those elsewhere continued to drive the yen lower.

日本国债与其他国家国债之间差距不断扩大，继续压低日元汇。

But the spike in bond yields is continuing to unnerve investors.

然而债券上涨仍然让投资者感到紧张。

Plunging bond yields are not grounds for great cheer.

债券下降，别高早。

The yield on the ten-year note rose above 4%.

十年期国债上升到4%以上。

Thus the main benefit of low yields is to the public finances.

也因此低主要受者便是公共财政。

While these investments are safe, they do not give high returns, or yields.

尽管这些投资很安全，但并不高。

The yields on government bonds, another safe bet, fell as investors ploughed into the market.

另一个安全赌注——政府债券随着投资者涌入市场而下跌。

Ten-year Treasury-bond yields rose to their highest point since 2011.

十年期国债升至2011年以来最高点。

Eurozone government bond yields fell along with the Euro on the news.

受此消息影响，欧元区政府债券随着欧元下跌。

That's why economists are watching something called the Yield Curve so closely.

这是经济学家密切关注所谓曲线原因。

Such a yield-curve inversion is usually seen as a harbinger of a downturn.

这种曲线反转通常被视为经济衰退先兆。

Last month it sold bonds at steepish yields.

上个月，它以起伏陡峭出售了其债券。

And notice, the return on equity is really-- that's the same thing.

注意啰 ROE就是股东权它们是一样。

For example, the year to date return on the stock is eight percent.

比如，本年度截止至现在，股票是8%。

Now, however, the yield has jumped to about five percent for a 10-year note.

然而，现在10年期国债已跃升至5%左右。

I should add that the yield curve isn't inverted at the moment.

我应该补充一点，目前曲线并没有下降。

The yield on the ten-year Treasury fell about ten basis points after the release.

公告发布后，10年期美国国债下跌了约10个基点。

The yield on the ten-year US Treasury fell back to 3.6% having risen above 4%.

10年期美国国债回落至3.6%，此前曾升至4%以上。

Yields on French ten-year government bonds have dropped from 3.5% in October to 2.6%.

法国十年期政府债券已从10月份3.5%降至2.6%。