Humped yield curve

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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.

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