What is ‘Yield Elbow’
The point on the yield curve indicating the year in which the economy’s highest interest rates occur. The yield elbow is the peak of the yield curve, signifying where the highest interest rates occurred.
Explaining ‘Yield Elbow’
Three main types of yield curves exist, including normal, inverted and flat. A normal curve is one where longer maturity bonds have a greater yield compared with shorter-term bonds because of the risks associated with time. An inverted yield curve indicates an interest rate environment where the shorter-term yields are higher than the longer-term yields – a possible indicator of an upcoming recession. A flat yield curve happens when the shorter- and longer-term yields are close, indicating a potential economic transition. On any type of curve, the yield elbow is the highest point.
Further Reading
- The financial impact of orthopaedic fellowship training – journals.lww.com [PDF]
- Research on burst pressure for thin-walled elbow and spherical shell made of strength differential materials – www.tandfonline.com [PDF]
- Spatial snow depth assessment using LiDAR transect samples and public GIS data layers in the Elbow River watershed, Alberta – www.tandfonline.com [PDF]
- The effect of implant design of linked total elbow arthroplasty on stability and stress: a finite element analysis – www.tandfonline.com [PDF]
- Genetically-designed neural networks for error reduction in an optimized biomechanical model of the human elbow joint complex – www.tandfonline.com [PDF]
- Effect of trunk-restraint training on function and compensatory trunk, shoulder and elbow patterns during post-stroke reach: a systematic review – www.tandfonline.com [PDF]
- Modelling long-term water yield effects of forest management in a Norway spruce forest – www.tandfonline.com [PDF]
- The need for better analysis of observational studies in orthopedics: A retrospective study of elbow fractures in children – www.tandfonline.com [PDF]
