Loading the context…
Loading the context…
A comparison of bond yields at different lengths of time until repayment. It often describes government bonds.
An upward curve means longer maturities have higher yields. An inverted curve means some shorter yields exceed longer yields. Its shape reflects expectations and risk premiums; inversion is an indicator, not a certain prediction of recession.
Compare yields on government bonds due in two, five and ten years.
No published articles using this entry yet.