America's sovereign debt has been downgraded.

美国国债已经被降级。

Not, one must pray, on its sovereign debt.

有人一定在祈祷，美国的主权债务千万不要违约。

Portugal’s sovereign debt was also downgraded.

葡萄牙的主权债务也遭到降级。

The sovereign debt issues in the US and Europe are dodgy.

美国和欧洲的主权债务问题令人不安。

HOW much does Mr Market dislike Greece's sovereign debt?

希腊的主权债务有多不招市场待见？