At longer maturities yields reflect two additional factors.

较长期限的收益率反映了另外两个因素。

Notes and bonds-- these are loans to the U.S. treasury these are loans to the U.S. treasury that have longer maturities.

中长期国债是期限较长的美国财政部贷款。

And then on the back end, you've got the treasuries with longer maturities, like the 10-year.

然后在后端，你会得到期限较长的国债，比如 10 年期国债。

The effect on the most sensitive borrowers will become only more painful if yields with long maturities remain at such high levels.

如果长期收益率保持在如此高的水平，对最敏感的借款人的影响只会变得更加痛苦。

The Eurogroup is ready if necessary to grant longer grace period and longer loan maturities-we talked about it after the first successful review of the new Greek program.

欧元集团已做好准备如有必要给予更长的宽限期及更长的贷款，我们在第一次成功的审查希腊新项目时就讨论过。

If the monetary authority deals only in short-term debts, we have to consider what influence the price, actual and prospective, of short-term debts exercises on debts of longer maturity.

如果货币当局只处理短期债务，我们必须考虑短期债务的实际和预期价格对期限较长的债务的影响。

The fact that the boj now owns more than half the Japanese bond market, and even more of those of longer maturities, has sped the pace at which higher rates would affect the fiscal arithmetic.

事实上， 日本央行现在拥有日本债券市场的一半以上，甚至更多的是长期债券，这加快了更高利率影响财政算法的速度。