Since Banks borrow short and lend long, their margins are higher when the curve is steep.
因为银行的存款是短期的，而贷款是长期的，收益曲线越陡峭，他们的利润越高。
That allows banks to borrow short and lend long; earning higher rates on loans to business.
这允许银行可以短期借进，长期借出，从商业贷款更高的利率中获益。
Liquidity is that Banks lend long and borrow short -short-term, I mean.
流动性是指银行贷长借短，短是指短期。
A flat yield curve is bad for the profitability of Banks, whose business is to borrow short and lend long.
平坦的收益率曲线不利于银行盈利，因为银行的业务是短借长贷。
A flat yield curve is bad for the profitability of Banks, whose business is to borrow short and lend long.
平坦的收益率曲线不利于银行盈利，因为银行的业务是短借长贷。
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