美国有线新闻 CNN 美债收益率倒挂拉响衰退警报 道指重挫800点

 

When a country's gross domestic product shrinks for two quarters in a row, a recession is underway.

Just the fear of the recession can cause stock markets to shudder¹. On Wednesday the Dow Jones Industrial Average, an index of 30 significant U.S. stocks, dropped 800 points. And as you see on the left side of your screen, that's more than three percent overall from where the Dow started the day. The main reason was because of something called the Treasury² Bond. On Wednesday morning, the 10-year Treasury Bond dropped just below the 2-year Treasury Bond. OK. Why is that significant? Because every time that's happened in recent decades, a recession has followed.

In fact, the last time the 10 and 2-year Treasury Bonds flipped⁴ was in 2007, at the beginning of the Great Recession. But this doesn't necessarily mean we're at the dawn of a new one. The U.S. economy is strong, unemployment is historically low, consumer spending is high. These are all good indicators⁵ for the economy. So a leading U.S. investment analyst⁶ expects the economy to slow down but not go into a recession, despite the Treasury Bond flip³. Still, the change led investors⁷ to sell stock in companies and move it into bonds, a less risky⁸ place to keep money in uncertain times. And that's what caused the stock market to take such a dive.

1 shudder   

v.战粟，震动，剧烈地摇晃；n.战粟，抖动

参考例句：

• The sight of the coffin sent a shudder through him.看到那副棺材，他浑身一阵战栗。
• We all shudder at the thought of the dreadful dirty place.我们一想到那可怕的肮脏地方就浑身战惊。

2 treasury   

n.宝库；国库，金库；文库

参考例句：

• The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
• This book is a treasury of useful information.这本书是有价值的信息宝库。

3 flip   

vt.快速翻动；轻抛；轻拍；n.轻抛；adj.轻浮的

参考例句：

• I had a quick flip through the book and it looked very interesting.我很快翻阅了一下那本书，看来似乎很有趣。
• Let's flip a coin to see who pays the bill.咱们来抛硬币决定谁付钱。

4 flipped   

轻弹( flip的过去式和过去分词 )； 按（开关）； 快速翻转； 急挥

参考例句：

• The plane flipped and crashed. 飞机猛地翻转，撞毁了。
• The carter flipped at the horse with his whip. 赶大车的人扬鞭朝着马轻轻地抽打。

5 indicators   

（仪器上显示温度、压力、耗油量等的）指针( indicator的名词复数 )； 指示物； （车辆上的）转弯指示灯； 指示信号

参考例句：

• The economic indicators are better than expected. 经济指标比预期的好。
• It is still difficult to develop indicators for many concepts used in social science. 为社会科学领域的许多概念确立一个指标仍然很难。

6 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

7 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

8 risky   

adj.有风险的，冒险的

参考例句：

• It may be risky but we will chance it anyhow.这可能有危险，但我们无论如何要冒一冒险。
• He is well aware how risky this investment is.他心里对这项投资的风险十分清楚。