Invertext Online Technical Dictionary

yield curve


curva de rendimiento

Definition 1

Graphic representation of differing investment yields.

Source: Invertext

Context: The term structure of interest rates or the yield curve is the relation between yields observed today on bonds of different maturity. The yield curve is upward sloping if longer term bonds have higher yields than shorter term bonds or Treasury bills. The curve is flat if all the yields are approximately the same. The structure is inverted if yields on short term bills are higher than long term bonds.


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