The longer the period to maturity of the bond, the greater is the potential fluctuationinprice when interest rates change.
债券的偿还期越长，利率变动并导致债券价格波动的可能性就越大。
2
They regulate the surplus and deficiency in time, and smooth out the pricefluctuation, which contributes to society.
他们在时间上调剂了余缺，平滑了价格的波动，对社会有贡献。
3
Derivatives of various stripes have traditionally been used in the financial world to provide some level of insurance against the fluctuationin an asset's price.