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Spot rate curve |
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Spot rate curveThe graphical depiction of the relationship between the spot rates and maturity.Spot rate curve Similar MatchesNegative yield curveNegative yield curveWhen the yield on a short-term security is higher than the yield on a long-term security, partially because high interest rates are creating a greater demand for short-term borrowing. Phillips CurvePhillips CurveA graph that supposedly shows the relationship between inflation and unemployment. It is conjectured that there is a simple trade-off between inflation and unemployment (high inflation and low unemployment, and low inflation and high unemployment). Named after A.W. Phillips. Obviously, the relation between these important macroeconomic variables is more complicated than this simple graph would suggest. For a modern treatment, see work of Robert Lucas. Inverted yield curveInverted yield curveWhen short-term interest rates are higher than long-term rates. Antithesis of positive yield curve. Parallel shift in the yield curveParallel shift in the yield curveA shift in economic conditions in which the change in the interest rate on all maturities is the same number of basis points. In other words, if the three month T-bill increases 100 basis points (one %), then the 6-month, 1-year, 5-year, 10-year, 20-year, and 30-year rates all increase by 100 basis points as well. Related: Non-parallel shift in the yield curve. BP-CurveBP-CurveIn the Mundell-Fleming model, the curve representing balance of payments equilibrium. It is normally upward sloping because an increase in income increases imports while an increase in the interest rate increases capital inflows. The curve is used under pegged exchange rates for effects on the balance of payments and under floating rates for effects on the exchange rate. Further Suggestionsyield curveLorenz Curve Social indifference curve Option Pricing Curve Theoretical spot rate curve LM-Curve Offer curve Forward curve Contract curve Death Valley Curve Indifference curve Steepening of the yield curve Environmental Kuznets Curve Learning curve IS-Curve Reciprocal demand curve Stopping curve Laffer curve Community indifference curve Iso-price curve Riding the yield curve Production possibility curve Scitovszky indifference curve Positive yield curve Stopping curve refunding rate |
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