Local Expectations Theory

Filed Under: l by
Local Expectations Theory
Variant of pure expectations theory. States that bonds having different maturities will yield the same returns when the investment horizon considered is short term.

Recommended for you:

  1. Pure Expectations Theory
  2. Return-to-Maturity Expectations
  3. Expectations Theory of Forward Exchange Rates
  4. Market Segmentation Theory or Preferred Habitat Theory
Home / Glossary / l / Local Expectations Theory