Content: At present, we have ushered in the era of excessspread.
当前，我们已经迎来了传播过剩时代。
2
The spread (excess interest rate) on high-yield corporate bonds has fallen from more than 16 percentage points at the start of 2009 to less than six points.
高收益公司债券的超额收益率从2009年初的16%点多下跌到不到6点。
3
On November 1st, ten-year bonds were yielding 6.21% and the spread (or excess interest rate) over German government bonds was the highest since the euro area was created.