如果他们不能,他们只会向企业要求更高的风险溢价。
If they cannot, they will simply charge companies a higher risk premium instead.
如果信贷紧缩持续下去,新兴市场债券的风险溢价就可能上升。
If the credit crunch persists, the risk premium on emerging market debt is likely to rise.
出借人要求更高的购买力回报与风险溢价,导致利率大幅上涨。
Interest rates significantly increase due to the higher purchasing power and risk premiums demanded by the lenders.
巴西债券的风险溢价一路飙升。
事实上在过去的18月里长期利率维持稳定,它表示在日本公共债务稳定性这个问题上风险溢价正在上升。
“The fact that the long-term rate has generally been flat for the last 18 months suggests the risk premium is rising on questions of the sustainability of Japan’s public debt, ” he says.
一个更为严密的论证考虑了证券的风险溢价,即投资者对持有股票所应要求的额外回报。
A more sophisticated argument revolves around the equity risk-premium, the extra return investors should demand for holding shares.
股市已将更高的风险溢价计入股价中。
A higher risk premium for the equity market has already been priced in.
对这些国家的风险溢价已经明显增加。
结果是5.3%的风险溢价。
英国国家经济社会研究院(National Institute ofEconomic andSocial Research)则强调了风险价格的上升——这会增加资本的有效成本,包括股市溢价上升。
The UK National Institute highlights a higher price for risk, which would increase the effective cost of capital, involving a higher equity premium in the stock market.
截止1797年,美国证券的风险溢价甚至曾一度低于英国证券。
percent. By 1797, for a brief period, American securities carried a lowerrisk premium even than British securities.
他们辨称股权风险溢价就像这个名字所提示的是一种高风险带来的高收益,是不确定的。
They argued that the equity-risk premium, as the name suggests, was a reward for risk and could not be guaranteed.
第一种是市场常见的收益类型,带有风险溢价性质。
投资者收取高额的希腊和爱尔兰国债溢价,在危机中与德国国债的收益率差加大(见图),该图部分反映了对违约风险日益增长的担忧。
Investors charge a big premium to hold Greek and Irish bonds; the yield gap with Bunds has widened in the crisis (see chart). That partly reflects rising fears of default.
投资者在持有较长期债券时,通常要求获得风险溢价,而在这种情况下,长期国债的风险溢价已经大大降低。
The risk premium that investors usually demand for holding bonds over a longer period has shrivelled.
从风险溢价的历史来看,股票投资者未来的收益将会是什么呢?
Given the history of the risk premium, what will the future reward for equity investors be?
从风险溢价的历史来看,股票投资者未来的收益将会是什么呢?
Given the history of the risk premium, what will the future reward for equity investors be?
应用推荐