A yield curve is a graphical representation of yields for a collection of bonds similar in credit quality but with different maturities. It can be considered as overall annual interest rate earned by investors who buy the bond today at the current price and receive all coupon and principal payments of the bond at maturity.
A yield curve is a very useful signal for assessing investors' expectation about future interest rates as reflected in the curve's shape.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
