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CFA L3 book 2, P.100

有兩點唔明,
1. Why in Late Upswing, Bond yields will increase? When Late Spswing, interest rate will increase, so...bond price not decrease??
2. When in Late Upswing, Central bank limits the growth of the money supply?

When in Late Upswing 经济过热,央行加息控制通胀,短期利率提高,长期利率可能下降

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