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Economy

BeckyDem

(8,361 posts) Sat Oct 6, 2018, 12:41 PM Oct 2018

Christopher Waller
Executive Vice President and Director of Research
Federal Reserve Bank of St. Louis
May 22, 2018

What Is the Yield Curve?

The yield curve is a plot of a Treasury bond’s maturity against its rate of return at a given point in time.•
While the curve normally slopes upward, on rare occasions the slope turns negative.

https://web.archive.org/web/20181006162247/https://www.stlouisfed.org/~/media/Files/PDFs/DWTF/Yield_Curve_Waller_052218.pdf