As a result, the EMBI yield spread has declined to near record lows.

结果是，EMBI收益率差幅已经下降到接近于历史最低水平。

The empirical results show that the volume of bonds issued each quarter is influenced by the average yield spread between high-and low-risk bonds.

实证研究结果表明，每季度债券发行量受到高，低风险的债券和债券平均收益率差的影响。

The drop pushed the yield spread between 10-year Italian securities and similar-maturity German debt to more than 2 percentage points for the first time since 1997.

意大利10年期国债收益率和德国10年期国债收益率的差距加大，1997年以来首次超过2%。

Despite this assurance, the implied yield spread on Euribor-Eurodollar contracts has narrowed considerably over the past few days falling to just 117 basis points on Friday.

尽管这样的保证，欧洲美元的隐含收益率合约已大大缩小，在过去几天至上周五下降到117个基点。