Then the--so the term structure was downward-sloping until about two and a half years and then it was upward sloping.

期限结构线先向下倾斜,在到期期限过了两年半的时点后,才缓慢回升

耶鲁公开课 - 金融市场课程节选

Now, the term structure was pretty much upward-sloping everywhere.

这里期限结构的走势显然一直向上倾斜

耶鲁公开课 - 金融市场课程节选

That's a strongly downward-sloping term structure.

这是个显著向下倾斜的期限结构

耶鲁公开课 - 金融市场课程节选