论国债投资的风险及规避□陕西财经学院副教授沈悦６９６国债的推出可谓将中国的投资者对国债投资的认识和兴趣推向了历史的最高潮。当国债收益的弹性因复利因素的影响而被极大丰富之时，便为投资者对国债投资收益率的预期提供了广阔的想象空间，但同时也派生了一个现实而又尖 On the risk of government bonds and avoid evasion □ Shaanxi University of Finance Associate Professor Shen Yue 696 The introduction of national debt can be described as Chinese investors on the national debt investment awareness and interest to the climax of history. When the elasticity of treasury bond yields is greatly enriched by the compounding factors, it provides investors with a broad imagination for the expected return on investment of treasury bonds, but at the same time it also derives a reality and a sharp point