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. 债券价格与利率的关系,以及债券期限的长短在利率变动时对价格构成一定的影响。
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,直到对冲得劣质资产的价格形成,他们才能在正常的理性的市场中建立价格。
North America practically doesn't have a single hedge fund that's not speculating on crude oil futures, leading to the oil price bubble. 北美几乎没有一个对冲基金不在原油期货上投机,这使得石油价格形成泡沫。