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 (17751834)
“Freud was a hero. He descended to the Underworld and met there stark terrors. He carried with him his theory as a Medusas head which turned these terrors to stone.”
—R.D. (Ronald David)
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