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Lewis and Clark demonstrated the viability of
Higher-risk Tranches
Segments of a debt instrument (like a mortgage-backed security) that have a greater risk of default but offer higher returns to compensate.
Yield Curve
A graph showing the relationship between bond yields and their maturities, indicating the differences in yield over various durations.
Positive Slope
In a graph, a line that goes up to the right, indicating a positive relationship or increase between two variables.
Liquidity Preference Theory
A theory that suggests interest rates are determined by the supply and demand for money, with people preferring liquidity over committing to long-term investments.
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