Changes

The '''yield curve''' is a curve that plots interest rates over different maturity times for bonds having otherwise equivalent characteristics.<ref>[http://www.investopedia.com/terms/y/yieldcurve.asp Investopedia - Yield Curve]</ref>  Equivalently for commodities, a curve that plots the forward prices (that is, prices for commodities with differing future delivery dates) is called a ''forward curve''.  A commodities forward curve that is upward sloping is said to be in ''contango'' and a foward curve that is downward sloping is said to be in ''normal backwardation'' and is considered to be an ''inverted market''.<ref>[http://www.investopedia.com/articles/07/contango_backwardation.asp?viewed=1 Investopedia - Contango vs. Normal Backwardation]</ref><ref>[http://www.investopedia.com/terms/i/invertedmarket.asp Investopedia - Inverted Market]</ref> Similar to a commodity that is in contango, an upward sloping yield curve is called a ''normal yield curve'' or ''positive yield curve''.<ref>[http://www.investopedia.com/terms/n/normalyieldcurve.asp Investopedia - Normal Yield Curve]</ref>  Simililar to a commodity that is in normal backwardation, a downward sloping yield curve is called an ''inverted yield curve''.<ref>[http://www.investopedia.com/terms/i/invertedyieldcurve.asp Investopedia - Inverted Yield Curve]</ref> A yield curve indicating short term interest rates and long term interest rates as equal for otherwise equivalent bonds is called a ''flat yield curve''.<ref>[http://www.investopedia.com/terms/f/flatyieldcurve.asp Investopedia - Flat Yield Curve]</ref>

The '''yield curve''' is a curve that plots -[[interest rate]]s over different maturity times for bonds having otherwise equivalent characteristics.<ref>[http://www.investopedia.com/terms/y/yieldcurve.asp Investopedia - Yield Curve]</ref>  Equivalently for commodities, a curve that plots the forward prices (that is, prices for commodities with differing future delivery dates) is called a ''forward curve''.  A commodities forward curve that is upward sloping is said to be in ''contango'' and a foward curve that is downward sloping is said to be in ''normal backwardation'' and is considered to be an ''inverted market''.<ref>[http://www.investopedia.com/articles/07/contango_backwardation.asp?viewed=1 Investopedia - Contango vs. Normal Backwardation]</ref><ref>[http://www.investopedia.com/terms/i/invertedmarket.asp Investopedia - Inverted Market]</ref> Similar to a commodity that is in contango, an upward sloping yield curve is called a ''normal yield curve'' or ''positive yield curve''.<ref>[http://www.investopedia.com/terms/n/normalyieldcurve.asp Investopedia - Normal Yield Curve]</ref>  Simililar to a commodity that is in normal backwardation, a downward sloping yield curve is called an ''inverted yield curve''.<ref>[http://www.investopedia.com/terms/i/invertedyieldcurve.asp Investopedia - Inverted Yield Curve]</ref> A yield curve indicating short term interest rates and long term interest rates as equal for otherwise equivalent bonds is called a ''flat yield curve''.<ref>[http://www.investopedia.com/terms/f/flatyieldcurve.asp Investopedia - Flat Yield Curve]</ref>

==Citations==

==Citations==