Beneficial owner and Yield curve: Difference between pages
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Market rates for different maturities of funds are usually different, with longer term rates usually - but not always - being higher. | |||
A yield curve describes today’s market rates per annum on fixed rate funds for a series of otherwise comparable securities, having different maturities. | |||
==See also== | There are three ways of expressing today’s yield curve: | ||
*[[ | #Zero coupon yield curve. | ||
*[[ | #Forward yield curve. | ||
*[[ | #Par yield curve. | ||
*[[ | |||
*[[ | |||
*[[ | If any one of the curves is known then each of the other two can be calculated by using no-arbitrage pricing assumptions. | ||
The shape of today's yield curve is influenced by - but not entirely determined by - the market's expectations about future changes in market rates. | |||
The yield curve is sometimes also known as the Term structure of interest rates. | |||
== See also == | |||
* [[Bootstrap]] | |||
* [[Expectations theory]] | |||
* [[Falling yield curve]] | |||
* [[Fisher-Weil duration]] | |||
* [[Forward yield]] | |||
* [[Inverse yield curve]] | |||
* [[Negative yield curve]] | |||
* [[Net interest risk]] | |||
* [[Par yield]] | |||
* [[Positive yield curve]] | |||
* [[Riding the yield curve]] | |||
* [[Spread risk]] | |||
* [[Zero coupon yield]] | |||
Revision as of 10:59, 13 July 2013
Market rates for different maturities of funds are usually different, with longer term rates usually - but not always - being higher.
A yield curve describes today’s market rates per annum on fixed rate funds for a series of otherwise comparable securities, having different maturities.
There are three ways of expressing today’s yield curve:
- Zero coupon yield curve.
- Forward yield curve.
- Par yield curve.
If any one of the curves is known then each of the other two can be calculated by using no-arbitrage pricing assumptions.
The shape of today's yield curve is influenced by - but not entirely determined by - the market's expectations about future changes in market rates.
The yield curve is sometimes also known as the Term structure of interest rates.
