yield spread

The yield spread between senior and junior tranches reflects the premium paid for taking on additional default risk.优先层与劣后层之间的收益利差反映了为承担额外违约风险而支付的溢价。

Yield spreads in crypto credit markets have compressed as more capital has competed to provide liquidity to RWA platforms.随着越来越多的资本竞相向 RWA 平台提供流动性，加密信贷市场的收益利差已经收窄。