This paper gave a deep analysis of the causes of local debt and the impact of risk factors from the status of local government debt risk.

地方债务的成因问题 ，许多学者已从不同角度给出了解释 ，但笔者认为这些解释都不足以说明地方债务产生的真正原因。

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The latest research to government debt bond market risk under the interest rate term is researched.

因此本文主要研究在利率期限下，对国债市场收益率波动风险做出研究。

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The risk of Chinese Government debt bond market under the interest rate term's structure has been researched in this paper.

本文主要针对在利率限期下的我国国债市场风险做出研究。

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But steep falls in the value of Italian or Spanish government debt risk a wave of bank failures.

ECONOMIST: The euro zone on the edge: The road to Rome | The

It has the second-lowest level of both debt and interest payments as shares of GDP, but the CDS market shows that Spanish government debt is a greater risk than bonds from either Italy or Belgium.

FORBES: The Next Debt Domino To Fall: Portugal, Italy Or The U.S.?

They will also have to provide more capital against such assets as government debt, hitherto regarded as risk-free, and increase the amount set aside for foreign-exchange dealings.

ECONOMIST: Indian banks