Shapes of yield curves in marketplace
What are the three basic shapes of yield curves in the marketplace?
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There are three basic shapes (slopes) of yield curves in the marketplace.
A) Ascending or normal yield curves are upward-sloping yield curves which take place when an economy is rising.
B) Descending or inverted yield curves are downward-sloping yield curves which take place when an economy is declining or heading into recession.
C) Flat yield curves entail that interest rates are improbable to change in the close future.
After the morula phase what is the subsequent stage? What is the morphological attribute which defines this phase?
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