Investors have felt sufficiently flush with cash to buy high-risk assets, such as junk bonds or commodity futures.

投资者们热情十足，疯狂购买垃圾债券和商品期货等高风险资产。

youdao

The ABX index, whichrepresents a basket of credit swaps on bonds tied to high-risk mortgages, fellmore than a quarter in the first three months of the year.

ABX指数，衡量的是那些互换对象为与高风险抵押贷款证券紧密相联的债券的金融互换，在今年的前三个月跌去了超过四分之一。 （译者注：这句子翻译的哦。。。

youdao

Yields on high-risk corporate bonds rose over 300 basis points after August 2007, an indication of the scale of damage to companies in rich nations.

2007年8月以后，高风险公司债券的收益率增长了超过300个基点（代表了富国公司的受损程度）。

youdao

No individual investor would ever have the financial incentive or wherewithal to bring a complicated case showing that Schwab had loaded its Yield Plus Fund with high-risk bonds.

FORBES: Small Investors Smacked Down, One More Time, in Schwab Ruling

Instead, it appears they were slapping bogus ratings on poor-quality, high-risk mortgage bonds just to ensure they got their fees, ignoring the fact that real people were counting on them to give an independent view of the safety of the investments.

FORBES: The Chickens Come Home to Roost for Standard & Poor's

The conclusion seems to be that investors are not being paid well at present to take the incremental risk of high yield bonds over Treasuries.

FORBES: Is Emerging Markets Debt Cheap?