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关注：1
2013-05-23 12:21
求翻译：Private investment funds, including business-development companies (BDCs), have only modest direct exposure to rising rates. Transaction volumes and credit quality will eventually be pinched as rising rates slow economic expansion. Given froth in leveraged-lending markets, these second-order effects could become important sooner than market participants now expect.是什么意思？ 待解决
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- 离问题结束还有
Private investment funds, including business-development companies (BDCs), have only modest direct exposure to rising rates. Transaction volumes and credit quality will eventually be pinched as rising rates slow economic expansion. Given froth in leveraged-lending markets, these second-order effects could become important sooner than market participants now expect.
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