Question: Over the last six months, the short-term yields declined, while long-term yields remained the same. Analysts stated that the shift was due to revised expectations
Over the last six months, the short-term yields declined, while long-term yields remained the same. Analysts stated that the shift was due to revised expectations of interest rates. Given the shift in the yield curve, what do you expect has happened to the demand for short-term borrowing?
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