parallel shift in the yield curve

parallel shift in the yield curve definition - finance
A shift that occurs in the yield curve when the yield on all maturities move by the same amount, or number of basis points. This is in contrast to non-parallel shift in the yield curve.

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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