From Longman Business Dictionaryyield curveˈyield curveFINANCE the different rates of interest being paid on bonds of the same type, which depends on the date when the bonds mature (=are repaid)The yield curve for Treasury securities was practically a level line.a flat yield curve (=one where interest rates do not change over time)an inverted yield curve (=one where interest rates are higher in the near future than later) → curve
