A humped yield curve is a relatively rare type of yield curve that results when the interest rates on medium-term fixed income securities are higher than the rates of both long and short-term ...
Discover how the spot rate Treasury curve—a yield curve from Treasury spot rates—serves as a critical tool for bond pricing and market predictions.
A version of this article was published in the November 2015 issue of Morningstar ETFInvestor. Download a complimentary copy of ETFInvestor here. Flaw of Averages Duration, by itself, is a crude ...