Humped yield curve
Humped yield curve is a yield curve where interest rates on intermediate-term maturities are higher than rates on both short and longterm maturities.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Humped yield curve. A yield curve where interest rates on intermediate-term maturities are higher than rates on both short and longterm maturities.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.