Copyright  Pearson Education, Inc. Publishing as Prentice Hall
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Chapter 5
Factors Affecting Bond Yields and the Term Structure of Interest Rates
Copyright  Pearson Education, Inc. Publishing as Prentice Hall
5-
Learning Objectives
After reading this chapter, you will understandwhy the yield on a Treasury security is the base interest rate 基础利率the factors that affect the yield spread 收益率价差 between two bondswhat a yield curve is a spot rate 即期利率 and a spot rate curvehow theoretical spot ra ...