Business, 20.09.2019 03:00 chelseayazzie16

You are having a conversation with your friend yvonne about the upward-sloping yield curve that currently exists in the bond market. she explains this to you by saying that the upward slope to the yield curve is because the market expects future interest rates to be higher than current interest rates. her observation means that she is a proponent of the theory of interest rates.
(a) default premium
(b) term premium
(c) segmented market
(d) pure expectations

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You are having a conversation with your friend yvonne about the upward-sloping yield curve that curr...