Up too went credit spreads on corporate bonds, especially the more daring stuff, as well as emerging-market debt and the price of insuring against default.
企业债券的信贷利差，尤其是其中比较大胆的项目，同样大幅增长。 此外新兴市场债务、违约保险费也同样高攀。
This is really all part of the same "search for yield" that has seen investors pile into other high-income assets, such as corporate bonds and emerging-market debt.
这和“搜寻收益”，也就是投资者蜂拥进入其他的高收益资产，例如公司债券和新兴市场债，如出一辙。
The spreads (extra yields) on corporate bonds and emerging-market debt are low by historical standards; commercial-property valuations in America and Britain are high.
公司债券和新兴市场债务的差额点(额外收益)达到了历史的最低点；美国和英国商业资产的估价则相当之高。
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