It wouldn't take a lot for junk to return 20% in 2009, given the elevated yields throughout the market.
到2009年不会有大量的垃圾债券能达到20 %的收益率,因为那时候整个市场的收益率提高了。
Investors are expecting a spurt of issuance this week by junk-rated European companies, a sector of the bond market that was frozen for much of last year.
投资者预计垃圾级欧洲企业的债券发行本周将出现井喷,在去年的大部分时间里,债券市场的这一领域都处于冻结状态。
Such is the staying power of the market that CreditSights, a consultancy, wondered this summer whether it was fair to call high-yield bonds "junk" after all.
这种使市场延续的力量使得一家咨询机构CreditSights在思索这个夏天如果仍然称那些高回报的债券为垃圾债券是否合适。
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