Category

Macro Rate Curves

These terms describe the shape of yields and how bond prices respond to rate changes.

How to recognize this theme

Terms often used in bond-market discussion.

In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.

Educational context

These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.

Term Structure

The term structure shows how interest rates or yields differ across short and long maturities.

Yield Spread

A yield spread is the gap between two bond yields, often used to compare risk or maturity profiles.

Convexity

Convexity describes how a bond's price changes as interest rates move, beyond the simple duration effect.

Breakeven Inflation

Breakeven inflation is the inflation rate implied by the gap between nominal and inflation-linked bond yields.