A senior bond trader in London admitted something unusual to me the other day: he’s scared. It takes a lot to spook really seasoned bankers who have survived more than their fair share of market crises and who know better than to panic. But the current market environment is deeply unnerving for him, not because the financial system is in freefall, but because it’s not.
前几天，伦敦的一位资深债券交易员向我坦承了一件不寻常的事：他害怕了。要让真正老到的银行家受惊并不容易——他们经历过不止一次市场危机，也知道不该轻易恐慌。但当下的市场环境令他深感不安，并非因为金融系统正陷入自由落体，而恰恰是因为它并没有。
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