關於收益曲線你需要了解什麼

收益曲線是描述帶有不同成熟層但是信貸風險相同的債券承諾的利率的曲線。通常，它被用來以六個月、兩年或者三十年等固定的時間段做對比。應為它是市場變動的最好指示，我們最好對它有一個深入的了解。因此，在這裡向你提供關於這個主題的更多信息。

收益曲線的形狀
    在一張圖表上，收益率曲線通常是逐漸傾斜的。它的走勢根據債券的成熟度和收益增加呈現上升或者下降不同的趨勢。基本上，他受供求法則的影響並能影響市場現狀。
收益曲線的類型

平滑曲線
平面曲線意味著沒有運動,這是由於沒有一個清晰的趨勢推測。如果你發現它,你得到一個暗示,投資者與市場上其他事項不確定他們的短期交易將如何結束。

反向曲線
如果反向曲線出現，則很明顯的表示損失不會停止而且會加劇。在這種情況下，投資者賣掉利率用這筆錢去買股票。

陡降曲線
如果一個徒降曲線曲線出現，則表示有大量的指標表明經濟會劇烈好轉。這條曲線在圖表上的出現是件好事，尤其是對那些想投入更多資金的投資者而言。

收益率肘
在收益率曲線上,是點表示取得的最高利率。更重要的是,它是一個表示實現各種投資的最大回報的時間。因為它表明,投資者在一個特定的時期對風險的抵觸沒有那麼高。

分割市場假說
一個關於收益率的曲線的理論是市場分割理論。這是理論解釋說任何金融組成部分都是不可替換的。例如，作為投資者的你,是影響外匯行業價格流動的最重要部分。
此外，市場分割理論提供了一個長短期市場相互依賴的理論。根據這個理論，投資者關於去投資什麼的決定必須深思熟慮。

知道收益率曲線是什麼,它的三種類型和收益率肘將幫助您在外匯市場做出更明智的投資。當前匯率可能上升和下降，但如果您熟悉一個特定時期的趨勢,你就可以預測結果。結果就是，您將獲得更多的收益。

What Do You Need to Know about the Yield Curve?
The yield curve is the line that shows determined interest rates of bonds with different maturity levels but with equal credit. Often, it is reported to compare set periods such as six months, two years, and three decades. As it is the best indicator of a change in the market, it's best to have an extensive understanding on it. So, to dish you some info, here's more on the topic.

Shape of the Yield Curve

On a graph, the yield curve is usually sloping asymptotically. It goes in the direction that's either upward or downward depending on factors including the maturity of bonds and marginal increases. Mainly though, it is influenced by the laws of supply and demand and tends to move continually to reflect the market's state.

Three Types of the Yield Curve
• Flat Curve

A flat curve means that there is no movement and it's due to there not being a clear projection of the trend. If you spot it, you are given a hint that investors along with other matters on the market are uncertain with how their short-term trades will end.
• Inverted Curve

If it's apparent that there won't be a break from losses later on and that things will just get worse, an inverted curve is shown. This signals investors to sell their interest rates and use the money they acquired from it for securities.
• Steep Curve

With a steep curve on a graph, there are a number of indicators that indicate that the economy will improve drastically. Having this on a graph is a good thing especially to investors who are looking to put in more money in the industry.

The Yield Elbow

On the yield curve, it is the point that suggests that the highest interest rates have been achieved. More importantly, it is a representation of the time to realize the maximum return of various kinds of investments. Because of what it shows, investors feel less reluctant to take risks during a particular period.

The Segmented Market Hypothesis

A theory concerning the yield curve is the segmented market theory. This is the argument that explains that any financial group is not substitutable. For instance, it is you, the investor, who affect the flow of prices in the forex industry the most.

Moreover, the segmented market hypothesis provides a discussion on the dependency of short-term and long-term markets on each other. According to it, the investor's decision on what investments to make needs to be carefully thought-out.

Having an idea of what the yield curve is, its three types, and the yield elbow will help you make wiser investments in the forex market. The currency exchange rates may rise and fall but if you are familiar with the trend for a given season, you could predict outcomes. As a result, you get to bag more value for your money.

本文翻譯由兄弟財經提供

文章來源： http://www.forexcycle.com/indicator/60470-what-do-you-need-to-know-about-the-yield-curve.html