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positive yield curve
pos·i·tive yield curve (plural pos·i·tive yield curves)


noun 
Definition:
 
finance greater yield for long-term bonds: a situation in which shorter-term bonds pay less interest than longer-term ones
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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