What is the definition of Normal yield curve? | Dictionary.net

NORMAL YIELD CURVE

\nˈɔːmə͡l jˈiːld kˈɜːv], \nˈɔːmə‍l jˈiːld kˈɜːv], \n_ˈɔː_m_əl j_ˈiː_l_d k_ˈɜː_v]\

Definitions of NORMAL YIELD CURVE

1910 - Black's Law Dictionary (2nd edition)

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Normal or positive yield curve refers the expected condition in financial markets where longterm debt instruments have a higher yield in comparison to short term ones.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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