The on-the-run yield curve of U.S.Treasury securities is the yield curve for outstanding, previously issued securities.

Name: The on-the-run yield curve of U.S.Treasury securities is the yield curve for outstanding, previously issued securities.
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The on-the-run yield curve reflects the yield for outstanding securities that are most recently issued, while the off-the-run yield curve reflects the yield for previously issued securities.

The On-The-Run Yield Curve of U