It would be tough to trigger an inversionof the government yield curve, with short rates at this level.
短期利率处于目前水平,同期比将很难引起国债收益率曲线反转。
2
The inversionof its yield curve last happened two weeks ago but, unlike then, purchases of Rome's bond by the European Central Bank on Tuesday failed to undo the damage.
It is true that one big recessionary signal has not appeared-the inversionof the yield curve (meaning that long-term yields fall below short-term rates).