Re:The U.S. Yield Curve Has Inverted
by twic on Monday December 03, 2018 @05:28PM
(#18593799)
A yield curve typically means taking not just two instruments, but as many as you can get, so there really is just one yield curve for any given kind of instrument.
Although there is enough variety in the details of government bonds that you could argue there is more than one there. The proposition that there is a single yield curve is more obviously true for things like interest rate swaps.
Although there is enough variety in the details of government bonds that you could argue there is more than one there. The proposition that there is a single yield curve is more obviously true for things like interest rate swaps.