Yield Curve Risk What is the 'Yield Curve Risk' The yield curve risk is the risk of experiencing an adverse shift in market interest rates associated with investing in a fixed income instr

Yield Elbow What is 'Yield Elbow' The point on the yield curve indicating the year in which the economy's highest interest rates occur. The yield elbow is the peak of the yield curve, sign

Yield Curve A yield curve depicts interest rates of bonds having different maturities, but same credit quality, at a specific point in time. The yield curve is mostly used to compare rates o

Off-The-Run Treasury Yield Curve What is 'Off-The-Run Treasury Yield Curve' The U.S. Treasury yield curve derived using off-the-run treasuries. Off-the-run treasuries refer to U.S. governm

Abatement Costs What is 'Abatement Cost' A cost borne by many businesses for the removal and/or reduction of an undesirable item that they have created. Abatement costs are generally incur

Abatement What is 'Abatement' Abatement is a reduction in the level of taxation faced by an individual or company. Examples of an abatement include a tax decrease, a reduction in penalties

Par Yield Curve What is a 'Par Yield Curve' A par yield curve is a graph of the yields on hypothetical Treasury securities with prices at par. On the par yield curve, the coupon rate will

Wage-Price Spiral What is 'Wage-Price Spiral' The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising prices, or i

Learning Curve What is the 'Learning Curve' A learning curve is a concept that graphically depicts the relationship between cost and output over a defined period of time, normally to repre

J Curve What is 'J Curve' A theory stating that a country's trade deficit will worsen initially after the depreciation of its currency because higher prices on foreign imports will be grea