And if the Portuguese case resembles the Irish and Greek examples, then the bail-out won't actually have a lasting downward effect on Portugal's bond yields.
如果葡萄牙类似爱尔兰和希腊的情况，那么救市不会真正使葡萄牙的债券收益率持续下降。
2
The latest bail-out package will not improve the mood. Banks face nationalisation following a 50% haircut on their government bond holdings.
最新的紧急救助方案并不会改善市场情绪，银行们面临的是国有化以及随之而来的减记50%的希腊国债持有。
3
On the other hand, Spain's problems are huge too: zero growth at best, bond yields near bail-out levels and unemployment at 23% (and 46% for youths).