Table of Contents Chapter 1: Categories of Bonds Chapter 2: Pricing of Bonds Chapter 3: Calculating Yield and Understanding Yield Curve Chapter 4: Duration of Bonds Chapter 5: Relationship Between Price, Yield and Duration Navigate This Page Chapter 3: Calculating Yield and … [Read more...]
Yield Curve
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Yield Curve The relationship between yields on similar credit quality bonds with different maturities is depicted graphically by a yield curve. According to Harvey (1991), yield curve inversions, that is when short term rates are bigger than rates for long terms have preceded five … [Read more...]