释义 |
inverted yield curve
inverted yield curveAn unusual market condition in which long-term US Treasury bonds yield less than short-term US Treasury bonds. It is often regarded as an indicator of imminent recession.inverted yield curve
Inverted yield curveWhen short-term interest rates are higher than long-term rates. Antithesis of positive yield curve.Inverted Yield CurveA yield curve in which the long-term yields on bonds are lower than short-term yields. A normal yield curve trends upward because bondholders expect a larger interest rate for a longer investment; however, if a yield curve turns negative, it indicates that the market believes that demand for long-term debt securities is increasing or will increase, which will drive yields downward. Higher demand for bonds usually occurs when investors believe that stock prices will fall. As a result, an inverted yield curve is a highly bearish indicator and indeed is seen as a predictor of a coming recession. An inverted yield curve is the rarest yield curve. It is also called a negative yield curve.inverted yield curve See negative yield curve. |