People were betting on a further easing of credit conditions.

人们期待信贷条件的进一步放宽。

《柯林斯英汉双解大词典》

In such a setup, the buyers assume that someone will be betting against the bonds, so the quality of the underlying credit is key.

在这场骗局中，买主以为会有人购买看跌的债券，因此信贷质量成了关键。

youdao

The role of sovereign credit-default swaps (CDS), a way of betting on the likelihood of a country’s failure to repay the money it has borrowed, has proved particularly controversial.

主权信贷违约掉期（一种押注某个国家无法偿还其借款的可能性的方式）在信贷活动中的角色也引发了相当大的争议。

youdao

Yet globally linked banks simply send this new money offshore, creating jobs in other countries or betting with credit default swaps on which European sovereign bonds would default.

FORBES: Hazel Henderson: There is 21st Century Abundance Hiding in 19th Century Scarcity Politics

It has been four years now since Tepper, 55, started aggressively buying shares in U.S. banks like Bank of America that were reeling from the credit crisis, successfully betting that the U.S. economy and financial sector would not crumble.

FORBES: The 40 Highest-Earning Hedge Fund Managers And Traders

Fearing all markets could soon fall, El-Erian injected what he referred to as "Armageddon insurance" into HMC's portfolio for the first time by buying interest rate floors, or a wager that rates would fall, and betting, via credit default swaps, that companies could soon struggle to pay their debts.

FORBES: Magazine Article