a flight to quality, flight risk, take wing, take flight, highest flight of human wisdom

...thing that we know is that we know nothing — and that is the highest flight of human wisdom."
--from WAR AND PEACE by Leo Tolstoy


SUBPRIME CONCERNS SPREAD
伯南克首次承認美國次級抵押貸款問題蔓延


英國《金融時報》記者聯合報導
2007年7月19日 星期四

Ben Bernanke acknowledged for the first time yesterday that credit concerns are spreading beyond the subprime mortgage market as investors showed their worries with a flight to quality, seeking refuge in government bonds and other safe assets.

美聯儲(Fed)主席本•伯南克(Ben Bernanke)昨日首次承認，信貸市場的擔憂情緒正向次級抵押貸款市場以外蔓延，投資者紛紛進行安全投資轉移，在政府債券和其他安全資產中避險。

Although Mr Bernanke played down the likely impact on the US economy, saying financial conditions remain “generally favourable,” US Treasury yields fell sharply following the release of his testimony. At midday, 10-year notes were yielding a frac- tion less than 5 per cent, 5 basis points down on the day.
儘管伯南克弱化了這種情況對美國經濟可能造成的影響，但他表示，金融環境仍“大體有利”。在伯南克向國會發表此番證詞後，美國債券收益率大幅下挫。盤中，10年期國債收益率降至不到5%，當日下跌5個基點。



By By Krishna Guha inWashington and Richard Beales, Michael MacKenzie and Saskia Scholtes in New York Thursday, July 19, 2007
英國《金融時報》克裏什納•古哈(Krishna Guha)華盛頓、理查•比爾斯(Richard Beales)、邁克爾•麥肯茲(Michael Mackenzie)、薩斯基亞•朔爾特斯(Saskia Scholtes)紐約報導
譯者/梁豔裳


A federal magistrate refused to revoke bail on Monday for Bernard L. Madoff, the financier accused of operating a $50 billion Ponzi scheme, saying the government has not proved that he is a flight risk.

take wing LITERARY
1 If a bird takes wing, it flies away.

2 to suddenly develop, freely and powerfully:
She walked in the hills, letting her thoughts take wing.

take flight

Also, take wing.
Run away, flee, go away, as in When the militia arrived, the demonstrators took flight, or The tenant took wing before paying the rent.

The first idiom derives from the earlier take one's flight, dating from the late 1300s, and was first recorded in 1435. The variant was first recorded in 1704.

flight (ESCAPE) Show phonetics
noun [U]
(an act or example of) escape, running away or avoiding something:
They lost all their possessions during their flight from the invading army.