Positive yield curve

Definition:

When long-term debt interest rates are higher than short-term debt rates (because of the increased risk involved with long-term debt security).

Investing Essentials


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

Term of the Day

Realized volatility

Sometimes referred to as the historical volatility, this term usually used in the context of derivatives. While the implied volatility refers to the market's assessment of future volatility, the... Read More

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


Create your free portfolio