Stock and high yield debt markets have mounted strong advances around the world, especially in emerging markets, including those in East Asia.

世界各地区的股市和高收益债市涨势可观，尤其是包括东亚在内的新兴市场。

youdao

This unsustainably high yield for Italian debt is the market's way of telling Rome and Brussels: We still don't believe you.

意大利债券不可持续的高收益率无疑是在告诉罗马和布鲁塞尔：市场还是不相信你们。

youdao

That suggests it will take a long time before American house prices surge again, or before spreads on high-yield corporate debt get down to the lows seen earlier this year.

这也就是说，离美国房价的再次暴涨，或者说，在再次看到今年初高收益公司债券利差降到低点的情况之前，还有很长一段时间。

youdao

Are these investors holding a large portion of the of outstanding high yield debt or a small portion?

FORBES: Junk Bond Bubble Myths vs. Reality

Some investors perceive that emerging markets debt is inexpensive because they are comparing it with high yield corporate debt.

FORBES: Is Emerging Markets Debt Cheap?

Indeed, a recent report from Deutsche Bank shows that even investors in risky high-yield debt have had five great years.

ECONOMIST: The global crash