AIG believed the risk of default was low on many securities it insured.

AIG相信在其承险的众多有价证券中，违约风险是很低的。

youdao

Rating agencies systematically underestimated default risk on vast amounts of debt, resulting in puffed-up prices and a surfeit of issuance.

信贷评级机构常常低估大额贷款的违约风险，致使价格不切实际的上涨和大规模发行。 ---》评级机构在大量债务上系统性的低估违约风险，。。。

youdao

Yields on some sovereign bonds seem to offer little protection against the risk of future inflation or default.

一些主权债券的收益率似乎能对未来通胀及违约的风险提供一些保护。

youdao

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

But we remain absolutely confident that the United States will not for the first time default on its obligations or risk default on its obligations, that Congress will act appropriately.

WHITEHOUSE: Press Briefing

In stepped the investment bank industry with another solution: We'll take your mortgages, securitize them, slice them into categories based on default risk, use computer models to match default risk with yield and sell them to buyers around the world.

FORBES: Magazine Article

The higher the risk of default on a promised stream of payments, the higher the lease or interest rate.

FORBES: Energy Deals Derailed by Obscure Accounting Rule