Lecture Money and capital markets: Financial institutions and instruments in a global marketplace (8th edition): Chapter 7 - Peter S. Rose
Lecture Money and capital markets: Financial institutions and instruments in a global marketplace (8th edition): Chapter 7 - Peter S. Rose
Chapter 7 - The impact of inflation and deflation, yield curves, and duration on interest rates and asset prices. After completing this unit, you should be able to learn what inflation is and how it can impact interest rates and the prices of financial assets; to understand the greater concern today over deflation and how it may affect the economy and financial system; to see how yield curves arise and explore the ideas about what determines the shape of the yield curve.