课后题:CME M1 13题
Observation 3 The current yield curve for Country Y suggests that the business cycle is in the slowdown phase, with bond yields starting to reflect contractionary conditions.
Q:
Based on Observations 3, Wakuluk most likely expects Country Y's yield curve in the near tearn to:
A. Invert
B. Flatten
C. Steepen
答案为c。
在slowdown时,curve不应是inverted吗?