Which of the following BEST describes the yield curve when long-term yields fall below short-term?<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
A. Flat
B. Rising
C. Humped
D. Declining
Answer:D
Which of the following BEST describes the yield curve when long-term yields fall below short-term?<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
A. Flat B. Rising C. Humped D. Declining