Examlex
Which of the following is NOT correct?
Expectations Theory
A theory that explains the term structure of interest rates based on the idea that long-term interest rates are determined by the market's expectations of future short-term rates.
Yield Curve
A graph showing the relationship between bond yields and maturity dates, typically indicating expected interest rate changes.
Market Segmentation Theory
A theory suggesting that the bond market is segmented on the basis of maturity, influencing interest rates and investment strategies.
Debt Market
A market where investors buy and sell debt securities, typically bonds, which are promises to repay borrowed money.
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