对美元资产需求下降，债券收益就会上升。

S. dollar assets could trigger an increase in bond yields.

近日市场传言，部分欧洲银行提前出售美元资产以减少其资产负债表和他们的美元资金需求。

There has been talk in the market in recent days that part of the euro's advance was European banks selling dollar assets to reduce their balance sheets and their dollar funding needs.

美元资产不足以满足国际储备的需求.

There are not enough dollar assets to accommodate the demand for international reserves.

同时也因为信贷危机集中于美元资产。

The currency is also suffering because the credit mess is concentrated in dollar assets.

虽然人们普遍预期美元在2004年倾向于进一步下行，但是，迄今为止，没有不乏愿意持有美元资产的迹象。

Although the dollar is widely expected to trend further downward in 2004, there are so far no signs of a lack of willingness to hold dollar assets.

中国减少美元资产持有的一个方法是将他们的长期美国国债储备逐渐转成较短期的美国债券。

One way the Chinese can lessen their exposure to dollar assets over time is to shift their reserves from long-term Treasuries into shorter-term U. S. bonds.

它运转着巨大的预算和贸易赤字，而且依赖于海外债主们的仁慈施舍，而后者正开始对他们越来越多的美元资产感到不安。

It is running huge budget and trade deficits, and is relying on the kindness of restless foreign creditors who are starting to feel uneasy about accumulating even more dollar assets.

这样的通货膨胀反过来将损害美元的价值，促使外国投资者在买进美元资产前三思而行。

Such inflation would in turn erode the dollar's value and cause foreigners to think twice about buying dollar-denominated assets.

要退出他们的美元资产，他们需要出售万亿美元买别的东西。

To exit their USD assets they need to sell Trillions of US dollars and buy something else.

然而，市场上盛传，希望削减美元资产比例的外国政府主导了最近一波的美元抛售。

However, the market has been rife with rumours that the latest wave of selling has been led by foreign governments seeking to cut their exposure to US assets.