Credit spreads hit new highs in Ireland and Portugal too.

爱尔兰和葡萄牙的公司债息差也创下了新高。

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AIG's own credit spreads implied that the company was headed for default (see chart).

AIG的信贷利差暗示，公司将走向破产(见图表)。

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Who CARES if credit spreads narrow, and asset prices — including equities — go up?

谁会关心如果利差收窄和资产价格(包括证券)上涨呢？

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That's a brilliant market timing device that-- I think enlightened people thought that those prices were getting high-- and also made some play on credit spreads and now on real estate, he said.

这个决策的市场时机非常正确,有见识的人都觉得,那时网络股的价格太高了,他们也参与了信用利差交易,现在又转向了房地产

耶鲁公开课 - 金融市场课程节选

The effect on the reversal of U.S. interest rates and credit spreads could be devastating.

FORBES: The Dollar's Doomsday Scenario

Credit spreads remain very narrow, which may indicate a focus on near-term growth and plentiful liquidity.

FORBES: More Malpass: Watch for 2007 Slowdown

Banks, Wilby says, are going to benefit from the widening of corporate-credit spreads.

FORBES: Bargain bourses