Default risk is systematic risk.
违约风险是系统性风险。
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What about default risk?
违约风险如何呢？
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Higher rates often signal higher default risk.
收益率更高通常是违约风险更高的信号。
In fact it means only a slight increase in long-term default risk.
事实上，这只意味着在长期违约风险略有增加。
Opposition Republican leaders agree on the need to raise the borrowing limit by August second or risk the nation's first default.
VOA: special.2011.07.15
That risk of default can make it harder and costlier for them to borrow more money.
VOA: special.2010.11.19
We believe that during economic expansion, the default risk associated with high-yield corporate bonds lowers.
FORBES: Connect
The default risk resides with the Greek central bank and, ultimately, the Greek government.
WSJ: Europe Girds for Greek Exit
Taxpayers already bear the default risk on these loans, which are made without regard to credit history.
WSJ: Review & Outlook: Freshman Class President
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