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term structure of interest rates

   Also found in: Acronyms, Wikipedia 0.01 sec.
Term structure of interest rates
Relationship between interest rates on bonds of different maturities, usually depicted in the form of a graph often called a yield curve. Harvey shows that inverted term structures (long rates below short rates) have preceded every recession over the past 30 years.

term structure of interest rates


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Development of the term structure of interest rates depends on regular issues in the primary market, increased trading activity in the secondary market, and providing ease of entry and exit to both the issuers and the investors.
Development of the term structure of interest rates depends on regular issues in the primary market, increased trading activity in the secondary market, and providing ease of entry and exit to both the issuers and the investors.
Introduction The most recent literature on the term structure of interest rates suggests that the seminal model of Campbell and Shiller (1987), consisting of the spread and the change in the short-term rate in a vector autoregressive (VAR) specification, could be too parsimonious to fit the data (Carriero, Favero, and Kaminska 2006).
 
 
 
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