But the Federal Reserve had already started raising short-term interest rates, flattening the yield curve, the difference between short and long rates. (Since banks borrow short and lend long, their margins are higher when the curve is steep.) When this began eating into lenders' profits, they reacted by pushing subprime rates back up.
Recent cuts in short-term interest rates should help banks, by steepening the yield curve (the difference between long and short rates) and thus boosting the spread they can earn.
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But according to Takuji Aida, an economist at UBS in Japan, long-term yields remained very low because of deflationary expectations, thereby flattening the yield curve (the difference between short- and long-term interest rates).
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The yield curve the difference between long- and short-term interest rates has narrowed as the Federal Reserve has raised official short-term rates.
And those who are a part of the show are determined to stay on top of the technology curve to keep the conversations fluid between online and television.
The ease of switching between our local and online systems should keep the training curve low, even amongst the least tech-savvy.
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The yield curve is flattening in America (the gap between the short-term federal funds rate and yields on ten-year Treasuries is only a smidgeon more than one percentage point) and in Britain it is inverted (long bonds yield less than shorter ones).
Friedman is also noted for developing the Philips Curve, an economic model that noted the inverse relationship between the rates of unemployment and inflation.
The difference between short- and long-term rates, otherwise known as the yield curve, is close to historic highs, even though long-term rates have fallen remorselessly over recent years.
The foreword to the book is written by Arthur Laffer, the father of the so-called Laffer Curve, which is a graphical depiction of the relationship between tax revenues and tax rates.
And the difference between a machine-made hull and one shaped by Saito is significant: with the right curve, a boat will glide through the sea with less resistance and burn less fuel.
City officials acknowledge there is still a learning curve that must take place between them, the real estate owners (foreclosure owners are typically banks) and lenders.
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All these crises are alike in that the bankers play the yield curve and push money out to doubtful borrowers in order to get maximum advantage of the spread between the cost of borrowing short term and lending long term.
Those who need the assurance of statistical studies would be better served by the Rahn Curve (named after economist Richard Rahn), which shows a long-term negative relationship between the size of government expenditures as a percentage of GDP and economic growth rates.
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Yield curve Generally, the greater the difference between the yield on the 2-year and 10-year U.S. Treasury notes, the more growth the market is pricing into the economy.
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Our central bank is--as are many economists--still slave to the theory, the so-called Phillips Curve, that there is a connection between prosperity and inflation.
The real Phillips curve, it turned out, should have shown not an indirect relationship between inflation and unemployment, but a direct one.
Such rates of Greenland ice loss were barely larger than the margin of error in their readings, making it difficult to discern any difference between a supposed loss curve on a graph from a straight line.
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This first video explains the Laffer Curve and why politicians are foolish if they assume that there is a fixed linear relationship between tax rates and tax revenue.
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