在条约中设立的“一致标准”要求将来的会员国达到通胀，债券收益，汇率稳定，预算赤字和公众债务等标准。
The "convergence criteria" set out in the treaty called for would-be joiners to meet targets for inflation, bond yields, exchange-rate stability, budget deficits and public debt.
由于这部分收益率将决定着银行和企业的借贷成本，事实证明，在推动经济增长的进程中，长期收益率比短期汇率更重要。
Because such yields determine the borrowing costs of Banks and firms, long-term yields are arguably more important than short-term rates in driving growth.
大量资本涌入新兴经济体的国债市场，造成了收益的减少并抬升了货币汇率。
Capital is flooding to the bonds of big emerging economies, squeezing yields and pushing up their currencies.
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