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434 High bond yields imperil America’s financial stability

੉ߣ ੢ীࢲח 2023֙ 8ਘ ݈ী ա৳؍ High bond yields

imperil Americass nancial stabilityۄח ӝࢎܳ ઺बਵ۽ ৻
नী աয়ח ଻ӂ ӝࢎܳ ੍ח ߑߨী ؀೧ ࣗѐೞѷणפ׮.
ݢ੷ ੉ ӝࢎܳ ੜ ੉೧ೞӝ ਤ೧ࢲח খଃী աৡ rҎ٣ۅ
झsۄח ݈ࠗఠ ঌইىঠ ೤פ׮. Ҏ٣ۅझח ӝࢎ ઺рী ա৬
੓٠੉ ҃ઁب ੸׼൤ ࢿ੢ೞҊ ޛоب ցޖ ֫૑ ঋ਷, ݈ Ӓ؀
۽ ҃ઁо rٯ જ਷ ࢚కsী ੓ח Ѫਸ ݈೤פ׮. Ҏ٣ۅझ ࢚క
ী ੓׮ח Ѫਸ ৔য۽ goldilocks zoneী ੓׮Ҋ ೤פ׮. The
economy is in a goldilocks zone(҃ઁо Ҏ٣ۅझ ࢚కী ੓׮)

җ э੉ ॺפ׮. ژח goldilocks situation੉ۄҊب ೤פ׮. Ҏ
٣ۅझ۽ ੋ೧ ઱оо ࢚थೞח Ѫਸ goldilocks stock-market
rallyۄҊ ೤פ׮.
ਗې ੉ ױযח খࢲ ୐ ޙױী աৡ Ѫ୊ۢ 19ࣁӝ ৔Ҵ੄
੹ې زച zҎ٣ۅझ৬ Ғ ࣁ ܻ݃ Goldilocks and the Three Bears{ীࢲ
ਬېعणפ׮. زചীࢲח Ҏ٣ۅझۄח ੉ܴ੄ যܽ ࣗ֗о आ
ࣘਸ Ѣק׮о Ғ о઒੄ ࠼ ૘ী ٜযцפ׮. Ҏ٣ۅझח ૘ উ

ীࢲ धఌ ਤী ֬ੋ ইࡅ Ғ, ষ݃ Ғ, ইӝ Ғ੄ લਸ ߊѼ೤פ
׮. Ӓؘ۠ ইࡅ Ғ੄ લ਷ ցޖ ڰѩҊ, ষ݃ Ғ੄ લ਷ ցޖ ରо
਍ ߈ݶ ইӝ Ғ੄ લ਷ ৡبо ٯ ੸׼೧ࢲ ӒѦ ݡणפ׮. Ӓܻ
Ҋ ੄੗ܳ ࣁ ѐ ߊѼೞחؘ, ইࡅ Ғ੄ ੄੗ח ցޖ ௼Ҋ, ষ݃
Ғ੄ ੄੗ח ցޖ ੘਷ ߈ݶ, ইӝ Ғ ੄੗ח ٯ ݏই Ѣӝী ঊ૑
݅, ҍ ੄੗о ࠗࢲઉ ߡ݀פ׮. Ҏ٣ۅझח ѾҴ ஜप۽ ٜযࢲח
ؘ, ஜ؀ب ࣁ ѐੑפ׮. ইࡅ Ғ੄ ஜ؀ח ցޖ ٯٯೞҊ, ষ݃ Ғ
੄ ஜ؀ח ցޖ ಺नೞ૑݅, ইӝ Ғ ஜ؀ח ٯ ಞউ೧ Ѣӝࢲ ਫ਼
੉ ٜ૑ਃ. Ӓؘ۠ ҍ ૘ী جইৡ Ғ о઒਷ Ҏ٣ۅझо ੗नٜ

੄ લਸ ݡҊ ੄੗ب ࠗࢲڰܽ ٍ ইӝ Ғ ஜ؀ীࢲ ੗Ҋ ੓ח Ѫ
ਸ ߊѼ೤פ׮. ֥ۆ Ҏ٣ۅझח ਫ਼ীࢲ ӵযա بݎ஝פ׮.