Inverted Yield Curve
Definition of "Inverted yield curve"
Curve that results when yields on short-term treasury issues exceed those on long-term government debt. A widely accepted theory holds that when short-term and intermediate term issues are higher than those on long-term issues, a recession is imminent and investors expect rates to decline further.
Popular Insurance Terms
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Circumstance in which an insurance company can issue life or health insurance to an applicant based on standards set by the company. ...
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