ACI
3I0-012 · Question #223
3I0-012 Question #223: Real Exam Question with Answer & Explanation
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Question
The columns below list short-term cash rates on 3rd April and 3rd F1ay 3rd April 3rd May Describe the shape of the short-term segment of the yield curve on 3' April using market terminology. In addition, describe the change in the shape of the curve between 3rd April and 3rd May.
Options
- APositive, steepening
- BPositive, flattening
- CInverted, steepening
- DInverted, flattening
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