YIELD CURVE
\jˈiːld kˈɜːv], \jˈiːld kˈɜːv], \j_ˈiː_l_d k_ˈɜː_v]\
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Plotting interest rates against maturities creating a term structure. In normal conditions it is a upward curve. This causes shortterm funds to cost less to invest in. The shape is influenced by money, liquidity, and derivatives. Refer to expectations the
By Henry Campbell Black
Word of the day
hydromorphic
- [Greek] Structurally adapted to an aquatic environment, as organs of water plants.