The fear of being stuck with a defaulted bond might cause many of those investors to run from the market altogether. 担心可能卷入违约债券会让很多避险投资者逃离这个市场。
Last month a solar-panel manufacturer, a steelmaker and a small property developer all industries afflicted by overcapacity defaulted on bank loans and a bond payment, sparking fears of wider trouble in the financial system. 上月一家太阳能电池板生产企业、一家钢铁企业和一家小型房地产开发商(都处于产能过剩行业)相继出现贷款和债券违约,令外界担忧中国金融体系将更大面积地出现问题。