Invert the book on the table.
把书倒放在桌子上。
We are trying to invert the fact.
我们正努力颠倒事实。
He catch the insect by invert his cup over it.
他把杯子倒扣在昆虫上,将它逮住了。
However, it is crucial to note that interest rate adjustments must consider the issue of the inverted China-US interest rate spread.
The inverted spread has exerted significant pressure on the renminbi's exchange rate.
The US Federal Reserve is still in the tightening process, which will result in an inverted interest rate differential between the US and China.
The inverted images of skyscrapers around Victoria Harbour are on display at the booth, which demonstrating Hong Kong's charm and beauty from a different view.
The larger "double kidney" grille has adopted an inverted trapezoid design and the BMW adaptive hexagonal LED headlamps are equipped on the X model for the first time.
Therefore, digital economy presents an "inverted triangle" that is light in infrastructure but heavy in business models.
The inverted interest rate structure between China and the United States is narrowing significantly, enhancing the appeal of onshore yuan-denominated bonds.
As the yuan is likely to appreciate steadily amid a contraction in inverted interest rates, the Chinese bond market will become increasingly attractive to foreign investors.
As explained by CITIC Securities' Chief Economist Ming Ming, this cut will aggravate the inverted interest rates between China and the United States, which may result in capital outflow from the Chinese bond market.
The inverted deposit rates between China and the US, which stand at around 2 to 3 percent, have resulted in lower settlement willingness of Chinese exporters.
The Fed has warned that the banking turmoil could fuel a broad credit crunch that risks slowing the US economy, while data compiled by Invesco showed that the 3-month/18-month US Treasury yield curve has recently inverted to a level not seen since 1981, an indication that fears of recession have increased further.
This is mainly due to short-term arbitrage factors such as the interest rate differences between China and the United States brought by repeated US Federal Reserve interest rate hikes, inverted yields between the two countries and the renminbi's depreciation against the US dollar.
But China's policy interest rate is set at 3.65 percent, thus creating an inverted interest rate difference between China and the US.
The inverted difference has been widening, resulting in normal outflow from the Chinese bond market.
The US Fed started to raise interest rates in March, and the yields of two-year and one-year government bonds between China and the US began to invert in April.
As of Nov 3, the inverted difference in two-year and one-year government bond yields between China and the US had reached 262 basis points and 303 basis points, respectively.
The difference in 10-year government bond yields between China and the US has been inverted since the beginning of August, with the inversion reaching 146 basis points by Nov 3.
Against the backdrop of inverted interest rates between China and the US, and RMB depreciation, overseas institutions still held about 2.29 trillion yuan of Chinese government bonds at the end of September.
First, overseas institutions have not aggressively reduced holdings of Chinese bonds at a time when short-term interest rates are inverted and the RMB is weaker vis-a-vis the US dollar.
The inverted China-US interest rate spread has been deepening, which is another reason for the renminbi's adjustment.
The average China-US 10-year bond yield spread came at－35 basis points between Aug 15 and 26, with the inverted gap further expanded by 945.2 percent if compared to the level recorded between Aug 1 and 12.
While admitting an inverted China-US interest rate spread may exert some downward pressure on the Chinese currency, Guan Tao, chief economist of BOC International, said that the RMB exchange rate will remain stable given China's significant trade surplus, abundant foreign exchange reserves and prudent macroeconomic policies.
Bank of China Ltd, another lender of ICBC's kind, also sees its three-year deposit rates exceeding five-year deposit rates if the deposit reaches 10,000 yuan while China Construction Bank Corp sees inverted rates if the deposit reaches 20,000 yuan.
Considering that five-year fixed deposits take only a small proportion of bank deposits in China, the tangible impact of inverted interest rates on the stability of deposits at large banks is limited, he said.
The Fed will thus continue to raise interest rates, which will result in the inverted China-US bond spreads.
Concerns over an economic recession are evident in the inverted yield curve of US Treasuries, as the yield of 10-year US government bonds has stayed below the yield for two-year bonds recently.
In addition, the two-year 10-year US Treasury yield curve briefly inverted for the first time since April, which many in the markets see as a reliable signal that a recession could come in the next year or two.
It was the first time since 2010 the interest rate spread between the US and China has inverted.
Capital outflow pressure caused by the inverted interest rate spread between China and the US is under control, Bai said, indicating the recent net outflow of funds in bonds and stock markets was largely due to rising geopolitical tensions, not the narrowing interest rate gap between China and the US.
In the past four decades, with only one exception, each time the yield curve has inverted, the US economy has entered a downturn within 18 months, according to estimates by the asset management firm Schroders.