释义 |
Nonparallel shift in the yield curve Nonparallel shift in the yield curveA shift in the yield curve in which yields do not change by the same number of basis points for every maturity. Related: Parallel shift in the yield curve.Nonparallel Shift in the Yield CurveA change in the yield curve for bonds with different maturities in which the changes in yields do not occur evenly. For example, given a yield curve for bonds with one-year, five-year, and 10-year maturities, the yield for the one-year bond may increase 10 basis points, the five-year may stay the same, and the 10-year may decrease 20 basis points. See also: Parallel shift in the yield curve. |