资本经济公司的保罗·爱希沃斯指出，当美联储停止第一轮的量化宽松时，国债利息率将和开始时一样。

Paul Ashworth of Capital Economics points out that when the Fed stopped its first round of QE Treasury-bond yields were around the same as when it started.

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“关于这项政策，既不机动，也不自动，而且存在着许多关联环节，” 资本经济公司的顾问乔纳森•劳恩斯(Jonathan Loynes)如是说。

“There is nothing mechanical or automatic about the policy, and there are many links in the chain, ” points out Jonathan Loynes of Capital Economics, a consultancy.

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