[单选题]

Generally speaking, all else being equal, an upward-sloping yield curve can be expected when:

A.Inflationary expectations are beginning to subside and investors begin to show a preference for more liquid/less risky shot-term securities.

B.The supply of long-term funds fails shot of demand and investors begin to show a preference for more liquid/less risky shot-term securities.

C.Inflationary expectations are beginning to subside.

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