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The shape of each part of a living thing

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8y ago
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6mo ago

In finance, the term structure refers to the relationship between the maturity of a debt instrument, such as a bond, and its yield or interest rate. It describes how the yield curve slopes, indicating the interest rates at different maturities. The term structure is an essential indicator for investors and policymakers to assess market expectations about future interest rates and economic conditions.

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Q: What is the best definition of the term structure?
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