At times of trouble, they will retreat from risky assets such as hedge funds and into cash and government bonds.

在困难时期，他们会从对冲基金等风险资产中撤出，转向现金和政府债券。

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When risky assets rise, the dollar falls.

当风险资产上升时，美元会下跌。

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Bond prices rose as investors pulled back from risky assets.

由于投资者减持风险资产，债券价格上涨。

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Mechanically, the extra liquidity has been finding its way into risky assets via the carry-trade.

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It fell with other risky assets during the recent recession, losing 23.5 percent in 2009.

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Risky assets have already been pushed to price levels that now provide very weak prospective returns.

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