| 释义 |
market segmentation theory Market segmentation theoryA biased expectations theory that asserts that the shape of the yield curve is determined by the supply of and demand for securities within each maturity sector.market segmentation theory The theory that certain groups of investors are interested in particular types of investments to the exclusion of all others. For example, some investors purchase only short-term debt securities while others are interested only in long-term bonds. Likewise, certain individuals or institutions may limit their investments to common stock. |