credit default swap market

基本解释

As China suffers a rise in company defaults and an increase in corporate 1 downgrades, the need for a credit default swap 2 market in the country has become more pressing.
中國的企業違約和企業評級下調增多之際，它對信用違約互換（CDS）市場的需要已變得瘉發迫切。
The credit-default swap market—estimated at more than $45 trillion—helped fuel the mortgage boom, allowing lenders to spread their risk further and further, thus generating more and more loans.
信用違約置換文書市場，據估計有四千五百億美元之巨，幫助促成了房屋貸款市場的大膨脹，使得從事貸款的人可以把放款的風險弗遠弗及地推得遠離自己，因此可以大量地放款。
blog.sina.com.cn
That change is visible in the credit-default-swap market, where the cost of insurance against default is now an appreciable proportion of government-bond yields.
這種變化在信用違約掉期市場非常明顯，針對違約行爲的保險成本在政府債券收益率中已佔到可觀的比例。

Widening spreads in the credit default swap market indicate heightened concern about default.
FORBES: The Big Banks
More worrisome is the potential for that action to trigger a real problems in the credit default swap market, causing true chaos.
FORBES: EU Crisis Creates Buying Opportunities In The U.S.
Cuomo has opened a number of investigations into Wall Street, including the auction-rate probes, which continue, as well as activities in the credit default swap market and other signs of alleged fraud.
FORBES: Magazine Article