81. Moreover, the yield curve of bonds is flattening, which means that short-term bonds pay almost as much as bonds with maturities of a decade or more. 82. New Zealand has an inverse yield curve, meaning shorter-dated securities trade at a higher yield than longer-dated securities. 83. New Zealand has an inverted yield curve, meaning shorter-term securities trade at higher yields than longer-term ones. 84. Not everyone thinks the inflation concerns reflected in current yield curves and bond yields are justified. 85. Normally, shorter-term rates are lower than longer-term rates, which produces an upward sloping yield curve. 86. New Zealand has an inverse yield curve, meaning shorter-dated securities trade at higher yields than longer-dated securities. 87. One measure of such expectations is the so-called yield curve, or difference between yields of short- and long-term Treasury securities. 88. Part of the yield curve has already exhibited its ability to invert. 89. Partly as a result, the Portuguese yield curve flattened significantly. 90. Recession fears and status quo monetary policy, though, will mean an ever flatter yield curve. |