A curve on a graph in which the yield of fixed-interest securities is plotted against the length of time they have to run to maturity. The yield curve usually slopes upwards, indicating that investors expect to receive a premium for holding securities that have a long time to run. However, when there are expectations of changes in interest rate, the slope of the yield curve may change

See:

term structure of interest rates.

• asset-backed fund
• asset-backed security
• Asset card
• asset constraint
• asset cover
• asset financing
• asset-liability gap
• asset-liability management
• asset management
• asset securitization
• asset-sensitive
• asset stripping
• asset swap
• asset turnover
• asset valuation
• asset value
• assignment
• assignment of insurable interest
• assignment of life policies
• associate company
• Association for Payment Clearing Services
• Association of African Development Finance Institutions
• Association of British Insurers
• Association of Corporate Treasurers
• Association of Futures Brokers and Dealers Ltd