Somebody shorted $200 mil on mortgage bonds?

有人做空了两亿的？

That compares with the $1trn market for collateralised debt obligations (or CDOs) in 2007, which were at the heart of the global financial crisis.

这与2007年1万亿美元的务(CDO)市场形成了鲜明对比，后者是全球金融危机的核心。

The money they borrowed was used to pay their uninsured depositors, with bonds owned by both banks posted as collateral.

他们借的钱被用来赔偿没有保险的储户，两家银行拥有的作为品。

They did. They announced that they're going to be buying more treasuries and also more mortgage-backed securities.

有。他们宣布将购买更多国和支持。

There are no insurance contracts or options for mortgage bonds.

没有保险合同或者权。

I want to buy swaps on mortgage bonds.

我想买的掉。

This was a collateralized debt obligation, or CDO.

这就是务，简称CDO。

He had been studying housing data and mortgage bonds extensively since the early 2000s.

自21世纪初以来，他便广泛研究住房数据和。

They make, like, CDOs squared seem like good investments.

让务平方看起来像是好投资。

There are a lot of like messed up subprime mortgage bonds in that leadership.

那些领导层里充斥着大量问题严重的次级贷款。

The continent's financial firms borrow and lend €11.5trn ($12trn) every year in its " repo" markets, in which the firms post bonds as collateral in return for short-term funding.

欧洲大陆的金融公司每年在其“回购” 市场借贷 11. 5trn（合 12trn），公司将作为品以换取短融资。

Now, from October to December of this year, the Fed will let about $10 billion worth of Treasury and mortgage bonds expire each month instead of exchanging them.

现在，从今年10月到12月，美联储将让大约价值100亿美元的国和到，而不是将其置换。

But for many actors in the economy, the ten-year yield is more important and tangible, because it serves as a benchmark for everything from corporate bonds to mortgages.

但对于经济中的许多参与者而言， 十年收益率更为重要和实际，因为它作为从企业到贷款等各种金融产品的基准。

One sliver you can look at, that's about 10% of the market or so, are these bonds that are backed by commercial real estate mortgages.

你可以看看这部分， 大约占市场10%左右，是由商业地产支持的。

It's hard never knowing how to come up with your mortgage, and your bond, and your rent, and your let.

永远不知道如何偿还贷款、、租金和租金是很困难的。

Recent examples of this include financial instruments called Collateralized Debt Obligations, CDOs, which were developed in the 1970s.

这方面最近的例子包括被称为务（CDO）的金融工具，这种工具是在20世纪70年代发展起来的。

When those mortgages weren't getting paid, the bonds filled with these mortgages, the CDOs, also started collapsing.

当这些贷款无法按时还款时，装满贷款的， 即务担保证，也开始崩塌。

Since March 12th it has stood ready to make loans secured against banks' bonds.

自 3 月 12 日以来，它已准备好提供以银行为的贷款。

The really cool feature is the ability to buy back your portion of the mortgage bond.

真正酷的功能是能够买回的一部分。

This involved buying credit default swaps against subprime mortgage bonds.

这涉及购买针对次级贷款的信用违约互换。