"This sort of flat yield curve indicates there will be a pronounced economic slowdown in the U . K . in the next 12 to 18 months, " said Hellebuyck.
12.
Kraushaar said a scenario of flat yield curves, global deflation, and low developed country interest rates may " make it far tougher for trading operations to sustain recent profit levels ."
13.
Also, with an uncommonly flat yield curve in the Treasury markets-- interest rates on shorter-term paper is now nearly as high as long-term bonds-- many investors are interested in the sort of shorter-term debt that Orange County is selling.
14.
PV01 ( present value of an 01 ) is sometimes used, although PV01 more accurately refers to the value of a one dollar or one basis point annuity . ( For a par bond and a flat yield curve the DV01, derivative of price w . r . t . yield, and PV01, value of a one-dollar annuity, will actually have the same value .)
