Sovereign risk must be accounted for as part of cost of equity.

主权风险必须作为权益成本的一部分加以考虑。

Over 60pc of respondents cited sovereign risk as their top worry.

超过60%的受访者把主权债务风险作为他们最担心的问题。

But the more important repercussion has to do with sovereign risk.

更重要的后果则与主权风险有关。

The benchmark gauge of European sovereign risk also jumped to an all-time high.

欧洲主权债务危机风险的基准指数也创下最高历史记录。

A counterpart to this focus on sovereign risk has been a decline in the euro against the dollar.

与主权债券同样受到关注的是，欧元兑美元汇率下降。