It has held back currency appreciation and steepened the bond yield curve , supporting banks .
它抑制了汇率升值，令债券收益率曲线更为陡峭，由此对银行构成支持。
Its yield curve flattened almost to the point of inversion a month ago , and in recent weeks it has steepened again .
一个月以前，中国债券收益率曲线几乎平坦至接近反转，最近几周则再次变陡。
Amid the persistent concerns about property bubbles and inflation -- and the possibility of tighter government action to stop them -- the tumble in chinese stocks steepened during the second quarter .
