微信扫一扫
实时资讯全掌握
| Wallace completes his first lecture by tying the relationship between Treasury prices and the shape of the term structure. He is particularly interested in the implications of a steepening yield curve. Which of the following is most accurate for a steepening yield curve? A. The price of long-term Treasury securities increases relative to the price of short-term Treasury securities. B. The price of short-term Treasury securities increases. C. The price of short-term Treasury securities increases relative to the price of long-term Treasury securities. |