c instructions plural: an outline or manual of technical procedure : directions d: a code that tells a computer to perform a particular operation 2: the action, practice, or profession of teaching
The yield curve describes the yields for Treasury bills, notes and bonds. It's called a curve because, if it were plotted on a graph, the yields would normally slope up. That's because Treasury bills, which are of short duration, don't usually pay as high a yield as the notes and even longer-term bonds. Why?
Treasury Bills. Treasury bills are the shortest term of the different types of Treasury securities. Bills are issued with maturities of four, 13, 26 and 52 weeks. Bills are sold at a discount on the face amount and the interest is paid at maturity when the full amount of the bill is paid to the investor.reasury bonds are the longest maturity debt issued by the Treasury, at 30 years. Treasury bonds pay a fixed rate of interest each year, divided into two semiannual payments. Bond investors receive the face amount of the bond at maturity.