Yield Curve
Fixed Income
Definition
A graph showing yields of bonds with different maturity dates, typically comparing short-term vs long-term treasury rates to assess economic expectations and monetary policy impact.
Key Points
- Normal curve: long-term rates > short-term rates
- Inverted curve often predicts recession
- Reflects economic growth and inflation expectations
Quick Info
Category
Fixed Income
Related Topics
treasury yields
interest rates
inverted yield curve
Related Terms
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