对所有主权债突然的的信心丧失，特别是被当作世界无风险债券标竿的美国公债，将在仍然脆弱的经济复苏中造成灾难性的后果。
A sudden loss of confidence in all sovereign debt, and especially in American Treasuries, the world's benchmark "risk-free" asset, would have calamitous consequences in a still-fragile recovery.
巴西投资者仅仅把资金投入毫无风险的债券就能获得丰厚回报，这种日子已一去不返。
Brazilian investors can no longer reap extraordinary returns just from parking their money in risk-free bonds.
然而，中国房地产行业在历经多年的过热发展后，正艰难度过寒冬期。从这一点能够看出，万科发行的债券也并非毫无风险。
But the Chinese property business is going through a painful retrenchment after years of overbuilding, which suggests Vanke's bonds are not without their risks.
投资者选择了无风险的债券和带有红利回报的风险股票。
Investor invests a riskless bond and a risk stock with dividend payment.
和无风险国债相比，企业债券的投资者必须承担由于企业无力偿还债券本息的额外违约风险。
Compared with the non-risk national bond, the corporate bond investors must undertake the extra default-risk which the enterprise couldn't repays the principal and interest of the bond.
根据风险收益对称原则，企业债券的收益率应该高于同一时期的无风险利率。
Therefore, according to the risk-income symmetrical principle, the corporate bond's returns ratio should be higher than the non-risk interest rate at the same time.
有股票，债券和石油，我还想再增加最后一种资产，我们称之为无风险资产，由于长期债券持有期限很长，存在一定不确定性及风险。
I have stocks, bonds, and oil but I want also to add one more final asset, we'll call it the riskless asset, long-term bonds are somewhat uncertain and variable because they're long-term.
有股票，债券和石油，我还想再增加最后一种资产，我们称之为无风险资产，由于长期债券持有期限很长，存在一定不确定性及风险。
I have stocks, bonds, and oil but I want also to add one more final asset, we'll call it the riskless asset, long-term bonds are somewhat uncertain and variable because they're long-term.
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