TeachMeFinance.com - explain yield curve
yield curve -- The relationship formed by plotting the yields of
otherwise comparable fixed-income securities against their terms to maturity.
Typically, yields increase as maturities lengthen. The rate of that increase
determines the "steepness" or "flatness" of the yield curve. Ordinarily,
a steepening (or flattening) of the yield curve is taken to suggest that
short-term interest rates are expected to rise (or fall).
yield curve -- a chart in which yield levels are plotted on the vertical axis and the terms to maturity of debt instruments of similar creditworthiness are plotted on the horizontal axis.
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