what does this sentence mean, please?
There is no overhang of EM supply the way there is in the securitized/structured credit markets or the HY/Leveraged loan markets.

Question

Answer

http://www.investopedia.com/terms/m/marketoverhang.asp

This is a better explanation than I could give.

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证券化/结构化信贷市场或HY/杠杆贷款市场上的EM供应并未过剩。
（HY和EM是什么东西？能否写下全称？）

Answer

好難的英文句子...完全看不懂 :(

Answers · 4

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