In the Treasury bill market the three-month T-bill paid a0.12 percent yield .

在短期国库券市场，三个月的 国库券支付百分之0.12投资收益率。

Some has flooded into money market funds ( which buy government bonds ) or the repo world ( often backed by bonds ) ; some money has entered the T-bill market directly .

一部分涌入了货币市场基金（这些基金购买政府债券）或者回购市场（通常得到债券的支持）；也有些现金直接进入美国 国债市场。

At the worst of the recent panic T-bill yields reached 0.02 per cent their lowest since 1940 .

在近期恐慌情绪最严重的 时候， 美国 国库券收益率达到0.02%，为1940年以来最低， 目前 也 几乎 没有 回升。

When T-bill yields fall investors are prepared to pay more for that safety .

当 国库券收益率下跌时，投资者愿意以更 高 的 价格买入这种安全 资产。

By 20 years out the inflation - adjusted S & P return would be nearly 6 per cent while the comparable risk-free T-Bill return would be worse than negative 18 per cent .

20年后，经通胀调整后的 标准普尔 指数回报率接近6%，而具有可比性的无风险 国债回报率甚至不到负18%。

It takes a couple of attempts but the phone dutifully displays a page full of T-bill prices and yields .

他 试了几次，终于手机不辱使命地显示了一个 列 满 国债价格和收益率的页面。