That at any rate is the market view, according to the price of a credit-default swap which pays out if the borrower defaults (see chart).

至少，这是市场的看法，这是根据如果借款人违约而需要支付的信用违约掉期的价格而得出的结论（见图表）。

youdao

The Fed would not be thrilled at the prospect of having to rely more on non-American Banks as dollar intermediaries in the foreign-exchange-swap market.

美联储不会为不得不依靠非美国的银行做为在外汇交换市场中的中介美元的前景而激动。

youdao

In a bond swap, you buy one bond on one market and sell it at the same time on another. This is called arbitrage.

在债券互换交易中，你可在一个市场上购买一种债券，同时又在另一个市场上卖出，这叫套利。

youdao

The SEC, which laid out its plan last week for security-based swaps, wants to ensure customers trading on these platforms can request a quote from a single dealer if they so choose, while the CFTC, which oversees the rest of the market, wants to require swap users to receive prices from no fewer than five dealers at a time.

WSJ: Swaps Add Risk to Fund Portfolios