Posts by Richard Pawelko

Simply put, bond yield curves provide snapshots of interest rates (yields) of similar bonds, but at different maturities. For example, the interest rate on 2-year U.S. Treasurys recently was at 1.5% while 10-year U.S. Treasurys yielded 1.62%. If you graph the yields of similar types of bonds (e.g., Treasurys, corporates or municipal bonds) at maturities…