Lately corporate and municipal bonds have rallied, with Merrill Lynch's junk-bond index gaining more than 6% in December, the strongest monthly increase since 1991.

最近，企业和市政债券价格有所反弹，去年12月美林证券公司的垃圾债券指数上涨超过6 %，是1991年以来最强烈的月度上涨。

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Lately corporate and municipal bonds have rallied, with Merrill Lynch's junk-bond index gaining more than 6% in December, the strongest monthly increase since 1991.

最近，企业和市政债券价格有所反弹，去年12月美林证券公司的垃圾债券指数上涨超过6 %，是1991年以来最强烈的月度上涨。

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