The Women of Color Empowerment Scholarship winner walks to the podium to receive her award. On Friday, May 13, Student Outreach Services at Western Washington University held the 18th-annual Women of Color Empowerment Dinner and Silent Auction.
What are the different formations of yield curves? There are three main different formations of yield curves: normal, inverted and flat yield curves. The yield curve describes the shapes of the term structures of interest rates and their respective times to maturity in years. The time to maturity is located on the x-axis, whereas the yield to maturity is located on the y-axis of the graph.
Since 1960, an inverted yield curveâone with higher short-term rates than long-term ratesâhas preceded all five recessions. So how does an inverted yield curve signal a coming recession? Although term premiums do change over time, most of the day-to-day movement in the yield curve reflects changes in market expectations of future short-term interest rates. A steepening yield curveâthat is, one with an increasing spread between long- and short-term ratesâusually implies an expectation of higher short-term rates in the future.