Business Cycles and the Yield Curve
In this video, Kent covers the various yield curve shapes and how these can be explained. Kent also explains the bank rate, and how changes in this can affect the economy.
Overview
The yield curve, the relationship between bond yields and maturities can be used to describe the current and future state of the economy. The yield curve depicts times of normal economic activity and can be used to predict an impending recession.
Key learning objectives:
What is the yield curve?
The theories that explain the curve
The implications of the yield curve
Summary
Expert
Kent Matthews
Kent is an academic who has studied at several institutions including the London School of Economics and the University of Liverpool. He is now a Professor of Banking and Finance at Cardiff Business School.
