165****68322023-02-27 23:04:18

请问 fixed income learning module 1 课后题 49 关于Madison 对于short term and long term volatility 的评价为何是正确的而不是反了？课本中不是说 "inflation explains about two thirds of short and intermediate term bond yield variation, with the remaining third roughly equally attributable to economic gowth and factors including monetary policy. In contrast, monetary policy explains nearly two thirds of long term yield variation, and the remaining third is largely attributable to inflation".