Business, 07.11.2019 01:31 hazelg

Based on the expectations hypothesis of the term structure of interest rates, if the slope of the term structure decreases, this is most likely because investors as a whole anticipate lower future interest rates. investors as a whole anticipate lower inflation in the future. some investors have become more risk-averse while other investors have become less risk-averse. long-term bonds have become more liquid

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