Since yield curves are based on a real risk-free rate plus the expected rate of inflation,at any given time there can be only one yield curve,and it applies to both corporate and Treasury securities.

Question

Quizplus · Accepted Answer

While Treasury securities do form the basis for the yield curve, the yield curves for corporate securities can differ from the Treasury yield curve due to differences in credit risk and other factors. Therefore, there can be multiple yield curves for different types of securities at the same time.

Since Yield Curves Are Based on a Real Risk-Free Rate