Jeff Chelsky, a World Bank senior economist,says investors are avoiding higher risk debt in a flight to quality.

VOA: special.2009.03.13

I would be careful and not have all your money invested in stocks. I would look at a lot of these distressed debt--some of the distressed debt that has gone down. I don't know if you understand that but some of the debt that--even bank debt, which is the highest level, I think, has become very cheap.

我会非常的小心，不会把你们的钱全部都,投在股票上，我会寻找一些,不良债务--一些不良债务的价格已经下跌了,我不知道你们是不是理解这些东西,但一些债务--即使是银行债，它们的保险级别较高，我觉得，价格都已经很便宜了。

耶鲁公开课 - 金融市场课程节选

The European Central Bank and national central banks are barred from aiding members by purchasing their debt.

VOA: special.2010.02.12

At the spring meetings, many development activists will push for the IMF and World Bank to issue funds to poor countries as grants rather than loans, which they say could lead to a second debt crisis in Africa.

VOA: standard.2009.04.20