Current Mortgage RatesThursday, December 04, 2008Glossary of Terms1 2 3 4 5 7 8 A B C D E F G H I J L M N O P Q R S T U V W Y ZYield CurveA graph that shows, at any given time, how the yield varies with the period to maturity. Usually, the curve slopes upwards but occasionally it slopes down or is flat. A flat yield curve means that yields on long-term bonds are not much higher than those on short-term notes. |