In America the issuance of leveraged loans is growing much faster than high-yieldbonds, though the overall amounts are still smaller.
在美国发行杠杆贷款的的速度已经比高收益的债券快的多,尽管总体的数量依然比较小。
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After years of loose money in financial markets, some observers think the mortgage morass could cause investors to rethink their attitude to other forms of credit risk, such as high-yieldbonds.
Charles Himmelberg, a credit strategist at Goldman Sachs, forecasts that 14% of high-yieldbonds will default this year, with the same proportion going phut in 2010.