In recent days, central banks have pumped vast amounts of liquidity into the short-term lending markets, only for banks to hoard the cash and not lend to other banks. As well as the rate cuts, the US Treasury tried to alleviate lending problems in government bond markets by making more of its bonds available for collateral.
各國央行近日向短期信貸市場注入巨額流動性，結果各銀行還是捂緊資金，不借給其它銀行。除了降息以外，美國財政部試圖通過提供更多可用作抵押的債券，來緩解政府債券市場的借貸問題。
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