Yield Curve - Theory

Theory

There are three main economic theories attempting to explain how yields vary with maturity. Two of the theories are extreme positions, while the third attempts to find a middle ground between the former two.

Read more about this topic:  Yield Curve

Famous quotes containing the word theory:

    “The theory of truth is a series of truisms.”
    —J.L. (John Langshaw)

    “The human species, according to the best theory I can form of it, is composed of two distinct races, the men who borrow and the men who lend.”
    —Charles Lamb (1775–1834)

    “Freud was a hero. He descended to the “Underworld” and met there stark terrors. He carried with him his theory as a Medusa’s head which turned these terrors to stone.”
    —R.D. (Ronald David)