And these high interest rates, by raising the burden of debt service, make default more likely.

而这些高的利率有加重了债务服务的负担，增大了违约的可能性。

youdao

The benefit would be reduced, or possibly eliminated, by higher interest rates payable on loans, higher default rates and a further increase in bad debts.

贷款利息的增加、违约率的上升以及不良债务的进一步增多，会减少、甚至可能完全抵消通胀的有利影响。

youdao

Credit derivatives, for example, allow investors to separate the risk of default from other risks, such as interest-rate movements.

信贷衍生工具，例如，允许投资者通过在其它风险中分割违约风险，正如利率运作。

youdao

If the BPC is correct in their numbers, it is unlikely that the U.S. government would default on interest payments to investors.

FORBES: U.S. Treasury To Run Out Of Money By Feb. 15, Study Says

The decision by the Fed to offer emergency liquidity to Bear Stearns and to facilitate its acquisition by JPMorgan Chase had less to do with the size of Bear's balance-sheet than with its central role in markets for credit-default and interest-rate swaps.

ECONOMIST: Paradise lost

They have stayed strong since Russia's default, allowing interest rates to be slashed this year.

ECONOMIST: Central Europe