Glossary · Fundamentals & economics
Yield curve
Bond yields plotted across maturities. An inverted curve, with short rates above long rates, has often preceded recessions.
Related terms
Bond yields
The return on government bonds. Shifts in the gap between two…
Carry trade
Buying a high-interest currency against a low-interest one to earn…
Central bank
The institution that sets a country’s interest rates and monetary…
Commitment of Traders (COT)
A weekly CFTC report showing how futures traders are positioned.…
Consumer Price Index (CPI)
The main measure of inflation. Higher-than-expected CPI tends to…
Currency intervention
A central bank or government buying or selling its own currency to…