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yield-curve-analysis

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# Yield Curve Analysis

## When to Activate
- Analyzing term structure of interest rates for trading signals or macro assessment
- Designing curve trades (steepeners, flatteners, butterflies)
- Interpreting yield curve inversions and their economic implications
- Calculating key rate durations and understanding curve risk
- Evaluating central bank policy impact on different parts of the curve

## Core Concepts

### Yield Curve Shapes

**Normal (Upward Sloping):**
- Short rates < long rates