yield curve

An inverted yield curve, where short-term rates exceed long-term rates, is often seen as a recession indicator.收益率曲线倒挂（即短期利率超过长期利率）通常被视为经济衰退的指标。

Central bank policy decisions have a significant influence on the shape of the yield curve.央行的政策决策对收益率曲线的形状有着重大影响。