The Living Yield Curve at SmartMoney
The Living Yield Curve at SmartMoney.com
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Sunday March 15, 2009 9:44 PM ET
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SMALL
BONDS
Published September 29, 2000 | A
AA
MARKETS
MY QUOTES
MOST ACTIVE
Index
Price
Chg.
% Chg.
DJIA
7223.98
53.92
0.75%
Nasdaq
1431.50
5.40
0.38%
PEOPLE TALK ABOUT interest rates going up and going down as if all rates moved together. The truth is, the
S&P 500
756.55
5.81
0.77%
Russell 2000
393.09
2.97
0.76%
rates on bonds of different maturities behave quite independently of each other, with short-term rates and long-
10 Yr Bond
2.95
0.09
3.15%
term rates often moving in opposite directions simultaneously. What's important is the overall pattern of interest-rate movement — and what it says about the future of the economy and Wall Street. Rates are like tea leaves, only much more reliable if you know how to read them.
S&P 400
The Living Yield Curve
The yield curve is what economists use to capture the overall movement of interest rates (which are known as
"yields" in Wall Street parlance). Plot today's yields for various maturities of U.S. Treasury bills and bonds on a graph and you've got today's curve. As you can see on the adjoining chart, the line begins on the left with the shortest maturity — three-month T-bills — and ends on the right with the longest — 30-year Treasury Bonds.
Charting the Curve
Wilshire 5000
7626.27
-
456.71
Nasdaq 100
1168.52
DJ Transportation
2419.58
-
NA
NA
1.99
0.44%
3.81
0.33%
NA
NA
Technology
SMALL BUSINESS
Tech Companies Offer Range of
Financing Deals
Can't afford to pay for new technology upfront? Try one of these financing deals.
Everyone's got an Epsonality. Discover
More
SEARCH
Search or Quote
Sunday March 15, 2009 9:44 PM ET
HOME
INVESTING
SPENDING
PERSONAL FINANCE
TOOLS
PORTFOLIO
Login | Register | Help | Select
FINANCIAL
Bonds BIZ
| Economy
HELPLINE:
| ETFs
Have
| Market a question
Update |for
Mutual
SmartMoney?
Funds | Short
Termask@smartmoney.com
Investing | Stocks or call us toll-free at 866-219-0687.
SMALL
BONDS
Published September 29, 2000 | A
AA
MARKETS
MY QUOTES
MOST ACTIVE
Index
Price
Chg.
% Chg.
DJIA
7223.98
53.92
0.75%
Nasdaq
1431.50
5.40
0.38%
PEOPLE TALK ABOUT interest rates going up and going down as if all rates moved together. The truth is, the
S&P 500
756.55
5.81
0.77%
Russell 2000
393.09
2.97
0.76%
rates on bonds of different maturities behave quite independently of each other, with short-term rates and long-
10 Yr Bond
2.95
0.09
3.15%
term rates often moving in opposite directions simultaneously. What's important is the overall pattern of interest-rate movement — and what it says about the future of the economy and Wall Street. Rates are like tea leaves, only much more reliable if you know how to read them.
S&P 400
The Living Yield Curve
The yield curve is what economists use to capture the overall movement of interest rates (which are known as
"yields" in Wall Street parlance). Plot today's yields for various maturities of U.S. Treasury bills and bonds on a graph and you've got today's curve. As you can see on the adjoining chart, the line begins on the left with the shortest maturity — three-month T-bills — and ends on the right with the longest — 30-year Treasury Bonds.
Charting the Curve
Wilshire 5000
7626.27
-
456.71
Nasdaq 100
1168.52
DJ Transportation
2419.58
-
NA
NA
1.99
0.44%
3.81
0.33%
NA
NA
Technology
SMALL BUSINESS
Tech Companies Offer Range of
Financing Deals
Can't afford to pay for new technology upfront? Try one of these financing deals.
Everyone's got an Epsonality. Discover