The prices of distressed debt have increased substantially since the dark days of 2008.

廉价债务的价格自2008年黑暗时刻之后大幅上涨。

youdao

The funds are believed to account for a slightly smaller proportion of activity in the distressed debt arena too.

据信，在不良债务领域，对冲基金所占份额略低于上述水平。

youdao

There are fresh opportunities, too, such as distressed debt—a field in which Goldman excelled after the last bust.

另外，市场上也有新的机会出现，比如公司破产之后的不良债券处理——这是高盛擅长的领域。

youdao

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

Distressed debt funds are swarming around portfolios of assets that banks are selling to reduce their risk exposure.

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The news was first reported Tuesday by industry publication The Distressed Debt Report.

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But other distressed debt managers have complained of a lack of opportunities even amid a wave of new entrants.

FORBES: Dunking Distressed Debt