When the yield rises steadily as the maturity increases, the yield curve is said to be:
A) Positive.
B) Upward sloping.
C) Normal.
D) All of the above.
E) None of the above.

Question

Quizplus · Accepted Answer

When the yield rises steadily as the maturity increases, the yield curve is described as positive, upward sloping, and normal. These terms are used interchangeably to describe the typical shape of a yield curve under normal economic conditions.

When the Yield Rises Steadily as the Maturity Increases, the Yield