Riding the yield curve

Definition:

Buying long-term bonds in anticipation of capital gains as yields fall with the declining maturity of the bonds.

Investing Essentials


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

Term of the Day

Mortgage life insurance

A life insurance policy that pays off the remaining balance of the insured person's mortgage at death.

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


Create your free portfolio