... narrower profit margin较小利润幅度 narrowing of spread收窄息差 national accounting国民经济核算 ...
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And the ECB may have brought Europe one step closer to debt mutualisation, prompting a narrowing of the spread between the borrowing costs of Germany and the periphery.
ECONOMIST: Buttonwood: Ben buys, bulls buoyant | The
Thus, a narrowing of the spread is justified.
ECONOMIST: A health check for emerging markets
In the year to date, however, narrowing spread levels have helped high-yield bond returns narrowly exceed those of loans (see below).
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