1. 请听出所缺单词和句子，多次反复听。中间可以暂停啊！
More significant still is the ____________________________________________.
They have fallen _______ since the 1980s and _______ close to ______ lows.
And that ________ all sorts of other asset prices.
A widespread ______ is that the Fed and its peers have ______ distorted ____ markets and, __________________, the price of all assets.
Warren Buffett, _________________________ of Ben Graham, said this week that stocks would look cheap in three years' time if interest rates were one percentage-point higher, but not if they were _____________________ higher.
But if interest rates and __________________________________, inflation would take off - and puzzlingly it hasn't.
2. 这是本篇全文以及中文对照.请反复朗读，直到熟练。尽可能背诵几句。
More significant still is the behaviour of long-term interest rates.
然而，更值得关注的长期利率的表现。
They have fallen steadily since the 1980s and remain close to historic lows.
自上世纪80年代以来，它们一直在稳步下跌，目前仍旧接近历史低点。
And that underpins all sorts of other asset prices.
而且，这支撑起了所有种类的其他资产价格。
A widespread concern is that the Fed and its peers have grossly distorted bond markets and, by extension, the price of all assets.
一种普遍的关切是，美联储及其同行严重地扭曲了债券市场。相应地，也扭曲了所有资产的价格。
Warren Buffett, the most famous disciple of Ben Graham, said this week that stocks would look cheap in three years' time if interest rates were one percentage-point higher, but not if they were three percentage points higher.
本周，格林汉姆最著名的信徒沃伦·巴菲特称，如果利率再高一个百分点，股票在3年内期看上去会是便宜的；但是，如果再高3个百分点，就不便宜了。
But if interest rates and bond yields were unjustifiably low, inflation would take off - and puzzlingly it hasn't.
但是，如果利率和债券收益率不合理地处于低位，通胀就会飙升——令人困惑的是，通胀没有飙升。
3. 请记住以下词汇.每日坚持不懈！
underpin [ʌndə'pɪn] v.支持
asset ['æset] n.资产
Fed abbr. 联邦储备局（the Federal Reserve System）
grossly ['grəusli]adv. 很；非常
distort [dɪ'stɔːt] vt. 扭曲；使失真；曲解
bond [bɒnd]n. 债券
by extension相关地
disciple [dɪ'saɪp(ə)l]n. 门徒
yield[jiːld]n. 产量；收益
unjustifiably [ʌn'dʒʌstifaiəbli]adv. 无理地
inflation [ɪn'fleɪʃ(ə)n]n. 膨胀；通货膨胀
4. 背个句子
A widespread concern is that the Fed and its peers have grossly distorted bond markets and, by extension, the price of all assets.