Negative yield curve definitions

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Negative yield curve

Negative yield curve logo #21012When the yield on a short-term security is higher than the yield on a long-term security, partially because high interest rates are creating a greater demand for short-term borrowing.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosn.htm

Negative Yield Curve

Negative Yield Curve logo #22402When the yield on a short-term security is higher than the yield on a long-term security, partially
Found on http://www.encyclo.co.uk/local/22402
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