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Which of the following statements related to the Yield Curve are TRUE? A. Yield Curve is a plot of bond yields (on Y-axis) and time

Which of the following statements related to the "Yield Curve" are TRUE?

A.

Yield Curve is a plot of bond yields (on Y-axis) and time to maturity (on X-axis)

B.

When the yield curve inverts, most business people prepare for a business downturn

C.

Yield curve is not important for business people as it is too difficult to understand

D.

If the yield curve is upward sloping, the economy is expected to do well in the future

E.

If the yield curve is inverted, the economy is expected to do poorly in the future. It is a signal for a possible recession

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