In recent decades, trading of distressed debt has become a well-developed market, with investors making or losing fortunes by betting on how much bondholders will get repaid once a company goes bankrupt.
近幾十年來，減值債務(distressed debt)交易已形成一個相當發達的市場，投資者通過押注一家公司破產後債券持有人將得到多少償還，來賺取（或失去）大錢。
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