Parallel shift in the yield curve

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Parallel shift in the yield curve

A shift in economic conditions in which the change in the interest rate on all maturities is the same number of basis points. In other words, if the three month T-bill increases 100 basis points (one %), then the 6-month, 1-year, 5-year, 10-year, 20-year, and 30-year rates all increase by 100 basis points as well. Related: Non-parallel shift in the yield curve.

Parallel Shift in the Yield Curve

A change in the yield curve for bonds with different maturities in which the changes in yields occur evenly. For example, given a yield curve for bonds with one-year, five-year, and 10-year maturities, a parallel shift in the yield curve occurs when the yields for all three bonds increase 10 basis points each. See also: Nonparallel Shift in the Yield Curve.
References in periodicals archive ?
The yield curve took a roughly parallel shift downward since last month, with the three-month (constant maturity) Treasury bill rate dropping down to 0.
mortality patterns, a parallel shift in yield curve), the marking-to-market (MTM) procedure could mean that the longevity swap switches status in the hedger's balance sheet between that of an asset and that of a liability.
It must be noted that the computation of the economic surplus of changes in technology level due to research benefits as a parallel shift of the supply function is provided by Alston.
With more than 79% of CDP Supply Chain member businesses now employing a formal climate change strategy (up from 63 percent in 2009), there has been a parallel shift in the key business drivers for action within the supply chain, affecting how large organizations and their suppliers engage and implement carbon management processes.
5155 ***, ([dagger]) Parallel shift by blacks *** Overall different response *** Below poverty ([dagger]) -0.
The new British documents show a parallel shift in view in London.
Along with this newer thinking came a parallel shift in laboratory services from in-house hospital traditional laboratories to off-site and reference labs.
If parallel shift of the heating curve is planned, new system will always reduce the volume flow rate for the design point by 25%, based on the volume flow rate the system designer has calculated for a conventional mixing or injection-type system.
We show that under general conditions a parallel shift in the upper bounds implies the global validity of the LeChatelier principle with respect to optimal choices.
Until there is a parallel shift in theoretical understandings that accompanies the changes in instructional resources, there will be little changes in how reading is defined, taught and assessed (Serafini, 2003).
It also includes the Parallel Shift Gearbox (PSG), which belongs to the twin-clutch gearbox group, and the Electrical Shift Gearbox (ESG), in which a starter-generator is coupled in parallel to one of the two input shafts.
In experiments with parallel shift in histamine-response curve, the concentration-ratio minus one (CR-1) as competitive antagonism effect was calculated by the following equation: