Last Updated:2025/12/05

Because of the expectations hypothesis, many economists argue that the yield on a ten-year bond should equal the compounded returns from rolling over one-year bonds for ten years.

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Because of the expectations hypothesis, many economists argue that the yield on a ten-year bond should equal the compounded returns from rolling over one-year bonds for ten years.

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長期金利が現在および将来の予想短期金利のみによって決まるという仮説は、10年債の利回りが1年債を10年間ロールオーバーした複利収益と等しいはずだと示唆している。

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