单选题
Which of the following is the shape of an inverted yield curve or term structure?
A、
A. Flat.
B、
B. Downward sloping.
C、
C. Upward sloping.
【正确答案】
B
【答案解析】
An inverted yield curve reflects the condition where long-term rates are less than short-term rates, giving it a downward (negative) slope.
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