There is a relationship between bond prices and interest rates, and the maturity of a bond has an impact on its price sensitivity to interest rates. 債券價格與利率的關係,以及債券期限的長短在利率變動時對價格構成一定的影響。
But until there is a price made on the hedged low-quality asset, they cannot just make up a price based upon normal rational markets. 然而,直到對沖得劣質資產的價格形成,他們才能在正常的理性的市場中建立價格。
North America practically doesn't have a single hedge fund that's not speculating on crude oil futures, leading to the oil price bubble. 北美幾乎沒有一個對沖基金不在原油期貨上投機,這使得石油價格形成泡沫。