百般无奈之下,传统危机基金开始调整食谱,转向高风险但偿还能力尚可的垃圾债券和高收益的债务。
Traditional distress funds have drifted reluctantly into risky, but still solvent, junk bonds and high-yield loans to keep business ticking along.
就像购买低信誉高收益率公司的债券一样,养老金基金承担的风险越大,它的未来债务额就显得越小。
The more risk the pension fund takes (for example, by buying high-yielding bonds of companies with poor credit ratings), the lower its liabilities appear to be.
于较短期内我们并未对本基金作出显著调整,但如上所述,我们已开始用现金买入部分高收益债券。
While we have not made significant changes to the fund in the very short term, as stated we have begun to buy some high yield names out of cash.
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