Michael Milken will always be synonymous with the term ”junk bond king.

迈克尔·米尔肯总是“风险债券之王”的同义词。

Meanwhile boston scientific's credit standing with ratings agencies this month fell into junk bond territory.

同时，波士顿科技公司的债券信用评级在这个月降为“垃圾债券”的状态。

Recent turmoil in the junk bond market suggests that investors expect bankruptcies, particularly in the energy sector.

垃圾债券市场最近出现的动荡显示，投资者认为将出现破产现象，尤其是在能源行业。

“Even very risky human capital is more bondlike than stocklike, ” Mr. Gordon said. “The question is really, are you more like a junk bond or a Treasury?”

“即使风险非常大的人力资本，也更像债券，而不像股票，”戈登先生说，“实际上的问题是，垃圾债券或国库债券相比，你更像那一种？”

Obviously there were accidents and scandals in the junk bond market in particular but the net effect was overwhelmingly good for trade and prosperity.

虽然明显存在著一些意外事件和丑闻——特别是在垃圾债券市场，但对于交易和繁荣的净效果总体上是好的。