Curve Shapes

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Rising - (or Positive) Yields are at "average levels" and the curve gently slopes upwards as maturity increases. Sometimes also referred as the Normal yield curve.
Flat -
Humped - Yields are high with the curve rising to a peak in the medium-term and then lower rates in the long-term.
Inverted - (or Negative) Yields are at historically high levels, with short-term rates substantially higher than long-term rates.




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