Confusing Curves# Economics - 经济
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Confusing Curves
While Wall Street has been transfixed by the drama in stockmarkets, an
equally spectacular sideshow is playing in the bond markets. In recent
weeks yeilds on government bonds of all maturities have been pushed down
as investors have spurned riskier assets both at home and abroad. On
August 31st, as share prices plunged, yields on 30-year American Transuries
fell to 5.24%, their lowest since 1968. Although they rose again later,
yields onfederal government debt ofall maturities a
While Wall Street has been transfixed by the drama in stockmarkets, an
equally spectacular sideshow is playing in the bond markets. In recent
weeks yeilds on government bonds of all maturities have been pushed down
as investors have spurned riskier assets both at home and abroad. On
August 31st, as share prices plunged, yields on 30-year American Transuries
fell to 5.24%, their lowest since 1968. Although they rose again later,
yields onfederal government debt ofall maturities a
