Interest, Present Value, and Yield Curves

But as we see below, the Yield Curve does not always move in a parallel manner. This graph represents the Treasury Yield Curve rates and their movements from June 2004 to June 2005. Short-term rates were on the rise while long-term rates were falling. This resulted in a “flattening” of the Treasury Yield Curve over that 12 month time period. ................
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