A generation of new arrivals to the US junk bond market have propelled it to a record size, with debut issuers borrowing cash cheaply from investors eager for yield.
進入美國垃圾債券市場的新一代投資者已將市場規模推高至創紀錄水準,首次發行債券者正從渴望收益率的投資者那裏廉價借入資金。
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