What Is a Yield Curve?

Business & Management
#1

A yield curve is a graph that compares the yields (interest rates) of bonds with similar credit grades but different maturities. The slope of the yield curve predicts interest rate fluctuations and economic activity in the future. Normal (upward sloping curve), inverted (downward sloping curve), and flat are the three major yield curve types. Each trade day, the Treasury publishes yield curve rates on its website.