Leveraged loans, which are senior to junk bonds, now trade for an average of about 70 cents on the dollar and carry yield to maturities of 10% to 15%.

杠杆贷款，比垃圾债券评级要高，现在交易的平均价格约为70美分，到期收益率为10 %至15 %。

WHEN pundits worry about the distorting effects of cheap money on asset prices, they invariably single out the carry trade as a cause for concern.

当学者为低息贷款对资产价格的扭曲而感到担忧时，他们总是指出套利交易是应引起注意的一个原因。

But later on, people found that the actual doers were Japanese housewives, thus adding the difficulties to stop them from conducting Carry Trade.

但是，后来人们发现，实际上是大量的日本家庭主妇在做这件事情，而要想制止家庭主妇做套利交易，难度非常大。