Or are we being governed by a pathology of fear, fed by events such as the recent London bombings, that is holding down long-term interest rates thereby covering up a host of simmering problems?
それとも、先日ロンドンで起きた爆破テロなどの危険事態への恐れの感覚が、一触即発の問題を背後に隠したまま、長期金利を低く抑えているのだろうか。