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The yield curve is normally upward sloping-this is called a normal yield curve. However, the curve can slope downward an inverted yield curve) if the

The yield curve is normally upward sloping-this is called a normal yield curve. However, the curve can slope downward an inverted yield curve) if the inflation rate is expected to decline. The yield curve also can be humped, which means that interest rates on medium-term maturities are higher than rates on both short- and long-term maturities?

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