The historically tight borrowing spreads on emerging market debt have widened somewhat, but modestly in comparison to most every other credit product.
历史上偏紧的新兴市场债务借贷利差有所扩大，但与大多数其他信贷产品相比幅度不大。
2
Structural deficits soon re-emerged, but the bond market no longer seemed to care, as long as the global savings glut kept America's borrowing costs low.
结构性赤字马上再现，但只要全球存款能保住美国低廉的借钱成本，债券市场似乎就不必在意巨大的赤字了。
3
Borrowing money for asset market speculation is not restricted to private companies.