单选题
编号:2686040
1. With respect to the term structure of interest rates, the market segmentation theory holds that:
- A.An increase in demand for long-term borrowings could lead to an inverted yield curve.
- B.Expectations about the future of short-term interest rates are the major determinants of the shape of the yield curve.
- C.The yield curve reflects the maturity demands of financial institutions and investors.