The Treasury argues that these prices are artificially depressed because of illiquidity, though more pessimistic types suspect that they merely reflect future losses.

• 但财政部表示，由于缺乏流动性，如今的市场定价令人沮丧。虽然更多的持悲观意见者怀疑该方案不过是反应了预期信贷损失。