Banks will continue to coin profits from the steep yield curve.
银行将继续从陡峭的收益率曲线中获利。
This time, however, a steep yield curve is hardly stimulating bank lending.
然而,这一次的陡峭的收益率曲线基本上起不到刺激银行借贷的作用。
Technicalities aside, the most plausible explanation for the steep yield curve is the interaction of monetary and fiscal policy.
撇开技术性因素,对陡峭的收益率曲线最好的解释就是货币和财政政策之间的相互作用。
Low short-term interest rates and a steep yield curve provide powerful incentives to boost leverage, undertake carry trades, and seek yield by going out along the credit risk spectrum.
各种低短期利率和大幅上升的收益曲线,都对推动杠杆作用、出售交易和通过从事各种各样的信贷风险去寻求收益提供了强大的刺激作用。
Low short-term interest rates and a steep yield curve provide powerful incentives to boost leverage, undertake carry trades, and seek yield by going out along the credit risk spectrum.
各种低短期利率和大幅上升的收益曲线,都对推动杠杆作用、出售交易和通过从事各种各样的信贷风险去寻求收益提供了强大的刺激作用。
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