The typical $$yield$$ curve is:$$

$\{$Hint:$$ Current Event Links in Module $4$ may be useful.$\}$

Group of answer choices

described by none of the listed options.

horizontal since short$-$term rates usually equal long$-$term rates.

not positively sloped since short$-$term rates are usually less than long$-$term rates.

inverted or negatively sloped since short$-$term rates usually exceed long$-$term rates.

not really meaningful when exploring the relationship between short$-$term rates and long$-$term rates.