Discover what a normal yield curve is and how it affects your investments. This curve shows lower yields for short-term debt and can indicate future interest rate trends.

Forbes contributors publish independent expert analyses and insights. I write about investment strategies to build generational wealth. A quietly steepening European yield curve signals opportunity ...

As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk ...