The low failure rate was interpreted by some as proof that the tests had been too soft, but disclosure of sovereign-debtexposure reassured others.
一些人认为,这种低的不格率证明了此项压力测试过于温和,然而主权债务风险的披露却让另一些人重拾信心。
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A second reason is the massive growth of credit derivatives, which has given investors the ability to sample the debt markets so as to get exposure to the precise risks they find attractive.