humped yield curve

humped yield curve definition - finance
A yield curve in which the yields on intermediate-term issues are above the yields on short-term issues, and the rates on long-term issues decline to levels below those for the short-term issues before leveling out.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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