Businessmen and rich landowners had put their money in Confederate bonds, now completely worthless. Confederate war debts would never be paid.
商人和富裕的地主把他们的钱都存放在南方邦联的银行里,现在一分钱也不值了。
3
News of the war in Libya and the tsunami in Japan has depressed yields on US Treasury bonds, as well as the prices of assets such as stocks and (non-oil) commodities.