Europe's corporate bond market is in a chill.

欧洲企业债券市场正处于寒冬之中。

Corporate bonds have pretty much slowed to a stop.

公司债券几乎已经放缓到了停止的程度。

Corporate bonds are rated for creditworthiness by the big ratings agencies.

大型评级机构对企业债券的信用可靠程度进行评级。

Who is affected most by these IPO slowdowns and these corporate bond slowdowns?

谁受这些首次公开发行放缓和公司债券放缓的影响最大呢？

They use Treasury funds to back the corporate bond and municipal debt markets, among other things.

他们利用国库资金支持公司债券和市政债券市场等。

By this I mean corporate bonds, so companies coming to the bond market and borrowing money.

我指的是公司债券，即公司来到债券市场借钱。

In other industries, for example, banks will provide credit lines or arrange corporate bonds or do other sorts of financings.

例如，在其他行业，银行将提供信贷额度或安排公司债券或进行其他类型的融资。

You can buy government bonds or corporate bonds.

您可以购买政府债券或公司债券。

And maintain a rainy-day fund in safer places, such as TIPS, certificates of deposit or highly rated municipal or corporate bonds.

把以防万一的资金放在比较安全的投资上，比如通货膨胀 保值债券、定期存单，或评级较高的市政债券或公司债券。

Yields on corporate bonds would spike as investors scrambled for cash.

随着投资者争夺现金，公司债券的收益率将飙升。