与此同时，债券投资者大量买入美国国债，远离风险高的投机性债券。
Bond investors, meanwhile, have piled into Treasuries and fled speculative debt.
热钱(Hot Money)，又称游资(RefugeeCapital)，投机性短期资本，指为追求最高报酬以最低风险而在国际金融市场上迅速流动的短期投机性资金。
Hot Money, also known as Refugee capital, refers to those short-term speculative capital flowing rapidly in international financial market in pursuit of maximum reward at lowest cost.
第二种——投机性筹资，有点风险：企业依靠现金流来偿还借款利息，但是必须让债务延期才能支付本金。
The second, speculative financing, is a bit riskier: firms rely on their cashflow to repay the interest on their borrowings but must roll over their debt to repay the principal.
对于欧元区官员来说，可以轻松应对葡萄牙求援，但对西班牙或意大利债券的投机性攻击威胁，仍是欧元的重大风险因素。
While a Portuguese bailout is easily affordable for the Eurozone officials, the threat of a speculative attack on Spanish or Italian bonds is still a major risk factor for the euro.
期货市场由于存在交易的投机性、价格变动的连续性和保证金杠杆作用，使其相对于现货市场而言具有更高的风险。
The futures market is faced with much more risk due to the speculative transactions, the continuity of the price changes and margin leverage compared with the spot market.
中国外汇管理局--- “中国面临热钱等投机性资金大规模流入的风险。”
China Foreign Exchange --- "China faces massive hot money inflows of funds and other speculative risk."
作为一种兼具投机性与投资性、高风险与高收益的证券交易方式，世界主要的证券市场都将其作为正式的制度安排确立下来。
Both as a speculative and investment, high risk and high yield securities trading, major world security markets are as the establishment of formal institutional arrangement.
结果表明，我国A股股票的实际风险溢价为负，股票市场存在较大的投机性泡沫。
Our research showed that the real risk premium of A shares was negative and there speculate bubbles in the Chinese stock market during 1997~2001.
结果表明，我国A股股票的实际风险溢价为负，股票市场存在较大的投机性泡沫。
Our research showed that the real risk premium of A shares was negative and there speculate bubbles in the Chinese stock market during 1997~2001.
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