It was all the more surprising given the stellar performance two weeks ago of longer-dated bond auctions, which can be tougher to sell.
更令人意外的是，两周前较长期公债标售成绩也理想。The disappointing German auction on Wednesday could be a signal that that future might be coming sooner than many had been expecting.
周三那场标售结果让人失望，这或许是个信号，预示着未来比人们预计的来得更快。One oil executive ran an auction of a firm that ended with an Indian and a Chinese bidder (both were state-controlled).
有个石油公司高管主持公司的标售，最后只剩下中国和印度各一个竞标者，都是国有企业。Some analysts said the performance of the stock market would influence demand at this week's Treasury auctions.
一些分析师表示，股市的表现可能影响本周公债标售的需求。She said Cuomo should instead punish underwriters that deceived brokers on the safety of auction-rate debt.
她表示，库莫应该惩罚那些承销商，是他们在标售利率证券的安全问题上欺骗了经纪商。With complex use, not able to be vacanted and sold to tender within a short time and with special situation to be sold urgently.
三使用情形复杂，短期间内无法腾空办理标售，且因情形特殊，急待处理者。Bonds have rallied in seven of the last eight weeks, creating a challenge for auctions in a market that appears expensive.
公债市场在过去八个交易日中有七个上涨，价格已显昂贵，给标售带来挑战。RBS put the Asian assets up for sale in March following a strategic review, after posting the biggest loss in UK corporate history.
今年3月份，在一项战略审核之后，苏格兰皇家银行将其亚洲资产标售，此前该行出现了英国企业史上规模最大的亏损。Kari Stefansson, the firm's founder, points to the ill-judged investment of his firm's funds in risky American auction-rate securities.
公司的创始人KariStefansson指出他的公司错误的将资金投入了美国的标售利率证券。