问题如下图:
选项:
A.
B.
C.
即将进入衰退时,变平坦或者反转;进入时因为有货币政策所以短期利率更低对吗?这里问的不就是还没进入衰退的时点嘛,不应该是因为通货膨胀导致短期利率特别高,曲线平坦或者反转嘛? 解释:
NO.PZ201710100100000306 问题如下 If Carlisle’s prection about the economy of Country #3 is realize the yielcurve in Country #3 will most likely: A.remain flat. B.become upwarsloping. C.become wnwarsloping. B is correct. The yielcurve in Country #3 is currently fl(Exhibit 1), anCarlisle prects a recession. ring a recession, short-term rates tento lower because centrbanks tento lower their polirate in these times. However, the impaof monetary polion longer-term rates will not strong because the centrbank will usually expecteto bring short-term rates bato normthe recession reces. Thus, the slope of the yielcurve will likely become upwarsloping ring the recession.考点yielcurve解析题干问的是 prection is realize的情况,Carlisle 预测的是recession,也就是说 recession 已经发生了原收益率曲线是 flat,进入 recession,央行降息对短期收益率影响更大,因 此yielcurve 向上倾斜 如果他预测成功,将来会进入衰退,那在衰退之前,曲线不应该是平的或者向下么
NO.PZ201710100100000306 问题如下 6. If Carlisle’s prection about the economy of Country #3 is realize the yielcurve in Country #3 will most likely: A.remain flat. B.become upwarsloping. C.become wnwarsloping. B is correct. The yielcurve in Country #3 is currently fl(Exhibit 1), anCarlisle prects a recession. ring a recession, short-term rates tento lower because centrbanks tento lower their polirate in these times. However, the impaof monetary polion longer-term rates will not strong because the centrbank will usually expecteto bring short-term rates bato normthe recession reces. Thus, the slope of the yielcurve will likely become upwarsloping ring the recession.考点yielcurve解析题干问的是 prection is realize情况,Carlisle预测的是recession,也就是说recession已经发生了。原收益率曲线是flat,进入recession,央行降息对短期收益率影响更大,因此yielcurve向上倾斜。 是不是可以把这个当成结论来记住,比如 recession 就能推导出 upwarsloping那进入繁荣期,是不是就是wnwarsloping?知识点太多,我没记住,还请老师指正下,谢谢老师。
NO.PZ201710100100000306 题目没设定期限,短期肯定是UPLOA但是长期(一年以上)又会FL或者WNLO吧,看的时候也纠结了下。请问怎么判断,谢谢
NO.PZ201710100100000306 become upwarsloping. become wnwarsloping. B is correct. The yielcurve in Country #3 is currently fl(Exhibit 1), anCarlisle prects a recession. ring a recession, short-term rates tento lower because centrbanks tento lower their polirate in these times. However, the impaof monetary polion longer-term rates will not strong because the centrbank will usually expecteto bring short-term rates bato normthe recession reces. Thus, the slope of the yielcurve will likely become upwarsloping ring the recession. 考点yielcurve 解析题干问的是 prection is realize情况,Carlisle预测的是recession,也就是说recession已经发生了。原收益率曲线是flat,进入recession,央行降息对短期收益率影响更大,因此yielcurve向上倾斜。为什么是upwarloping?
NO.PZ201710100100000306 这里是预测会在下季度进入recession,那么如果是预测,应该是向下倾斜的才是预测有recession,steepen的预测则是经济向好,growth,这题和之前讲义里的不一致,麻烦解析一下,感谢