As a result, the EMBI yield spread has declined to near record lows.

结果是，EMBI收益率差幅已经下降到接近于历史最低水平。

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But to the extent the yield spread reflects inflation expectations, it suggests deflation is an increasingly likely possibility.

但是对折线传播所反映通货膨胀的预期范围来说，它暗示了通货紧缩正成为不断增长的可能。

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The empirical results show that the volume of bonds issued each quarter is influenced by the average yield spread between high-and low-risk bonds.

实证研究结果表明，每季度债券发行量受到高，低风险的债券和债券平均收益率差的影响。

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That yield spread is dwarfed by the potential gain (or loss) from exchange-rate shifts.

FORBES: Greenback on Its Back

The option-adjusted yield spread is more like 57 basis points (hundredths of a percent), according to Bloomberg.

FORBES: Magazine Article

Also hurting BofA, along with other lenders, has been the narrowing yield spread.

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