债券保险商已经付出了代价。

The monolines' woes are already largely priced in.

youdao

但大家可能不这样想，大家往往高度关注债券市场中的市政债券保险商。

You may think otherwise, given the markets' fevered concern over the “monoline”[2] bond insurers.

youdao

同样，例如AIG和其他债券保险商所发行的CDO互换的“尾部”风险的暴露也很难估计。

Likewise, it was hard to gauge the exposures to "tail" risks built up by sellers of swaps on CDOs such as AIG and bond insurers.

youdao