Loose credit


Policy by the Federal Reserve Board to make loans less expensive and more available by reducing interest rates through market operations.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Nonparallel shift in the yield curve

A shift in the yield curve in which yields do not change by the same number of basis points for every maturity. Related: Parallel shift in the yield curve.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio