需要警惕新兴市场公司债券风险

2014-10-08 17:20:45来源：可可英语

　　Some central bank officials hope last year’s “taper tantrum” has also helped companies andinvestors to prepare. “The emerging markets have had an entire year to think about therisks,” points out a senior Fed official. “We have signalled our intentions very clearly.”

　　有些央行官员希望，去年的“缩减恐慌”(taper tantrum)也可能帮助公司和投资者做好了准备。“新兴市场得到了整整一年时间考虑这些风险，”一位美联储官员指出，“我们非常明确地表达了我们的意图。”

　　But it is one thing to think about risks in theory, quite another to confront a surging dollar andrising US rates in reality. And, as 2008 shows, in an interconnected world shocks have a nastyhabit of cropping up where least expected – particularly amid data fog and asset-liabilitymismatches tucked in corners of the system that policy makers and investors are struggling tounderstand.

　　但在理论上思考风险是一回事，在现实中应对美元大幅走高和美国利率升高完全是另一回事。此外，正如2008年的经历所证明的，在彼此联系的世界里，冲击很可能发端于那些最意想不到的地方，尤其是存在数据迷雾和资产-债务错配的情况下。此类错配隐藏在政策制定者和投资者难以理解的金融体系角落里。

本文关键字: 需要警惕新兴市场公司债券风险