When a Yield Curve Has a Positive Slope

question 105

Multiple Choice

When a yield curve has a positive slope:

• A) long-term yields are higher than short-term yields.
• B) short-term yields are higher than long-term yields.
• C) the bond market is expecting default by bond issuers.
• D) the inflation rate is expected to fall.

---

Definitions:

Testosterone

Testosterone is a steroid hormone primarily produced in the testes of males and the ovaries of females, playing a key role in the development of male reproductive tissues and secondary sexual characteristics.

Integumentary System

The organ system comprised of the skin and its appendages, serving to protect the body from various kinds of damage, such as loss of water or abrasion from outside.

Infections

The invasion and multiplication of microorganisms such as bacteria, viruses, and fungi in the body, which can cause illness and disease.

Hormones

Chemical messengers produced by glands in the endocrine system that regulate processes such as growth, metabolism, and reproductive functions.