Question: 2. (11 marks) Yield Curves a. What is a yield curve and why are they typically upward sloping? (5 marks) b. Why is the flattening

 2. (11 marks) Yield Curves a. What is a yield curve

2. (11 marks) Yield Curves a. What is a yield curve and why are they typically upward sloping? (5 marks) b. Why is the flattening of the treasury yield curve considered an indicator of slower economy growth ahead? Explain. ( 6 marks)

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