So let's say this is the yield curve.

假设这就是收益曲线。

So the yield curve-- it's nothing fancy.

收益曲线没什么花哨的。

And for that I'll have to review the yield curve for you.

为了讲明白这一点 我们回顾一下收益曲线。

What they watch is the yield curve.

他们观察的是收益率曲线。

We'll talk about why the inverted yield curve may not be so scary after all.

我们将讨论为什么倒置的收益率曲线可能并非那么可怕。

This - good, good, yeah. But this inverted yield curve ramped up the anxiety on Wall Street today.

这的确很好。但是收益率曲线倒挂加剧了今天华尔街的焦虑。

In today's episode, we're going to listen to yield curves.

在今天的节目中，我们要听一下收益率曲线的问题。

The thing is, people do often get a little bit too excited about the yield curve.

问题是，人们经常对收益率曲线有点过于兴奋。

I'm not going to argue with the Fed about yield curves or anything else, really.

我不打算与美联储争论收益率曲线或其他任何问题。

People are only willing to part with their money at this point of the yield curve because of the FDIC insurance.

人们愿意在这一收益率借钱也正是因为FDIC的保险。

This week, yields skyrocketed on long and short-term bonds, and for one brief moment, and brace yourself, the yield curve inverted.

本周长期和短期债券的收益率飙升，然后有一个短暂的时刻，收益率曲线倒置了。

This is called an inverted yield curve. And if it persists, it's often seen as a bad sign for the economy.

这被称为收益率曲线倒挂。如果这种情况持续下去，通常会被视为经济的不良预兆。

I should add that the yield curve isn't inverted at the moment.

我应该补充一点，目前收益率曲线并没有下降。

So this is a series of yield curves starting in 2007.

这是从2007年开始的一串收益率曲线。

Fortunately, the FT's Alan Smith, head of visual and data journalism, turned US yield curves into notes and melodies.

幸运的是，《金融时报》的视觉和数据新闻主管艾伦·史密斯将美国收益率曲线转化成了音符和旋律。

Your columnist would be more specific: he would come back as the yield curve.

你的专栏作家会更具体：他会以收益率曲线的形式回来。

You can think of U.S. Treasury bonds as hanging out on something we call the yield curve.

您可以将美国国债视为悬挂在我们所谓的收益率曲线上的东西。

If the bond market is a frightening force, the yield curve is the apex of the terror.

如果说债券市场是一股可怕的力量，那么收益率曲线就是恐怖力量的顶点。

What, you couldn't make the inverted yield curve outfit work?

什么，你无法使反向收益率曲线装置发挥作用？

This type of move doesn't happen that often in the back end of yield curves.

这种类型的变动在收益率曲线的后端并不经常发生。