
THE RELATIONSHIP OF BOND YIELD CURVES AND GROSS DOMESTIC PRODUCT GROWTH IN SCANDINAVIA
(STEF92 Technology, 2017, J. Hvozdenska)
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The steepness of the bond yield curve should be an excellent indicator of a possible future economic activity. A rise in the short rate tends to flatten the yield curve as well as to slow down real growth the near term. The relationship between the spread and future GDP activity was proved already before. This paper aims to analyse the dependence between slope of the yield curve and an economic activity of selected countries between the years 2000 and 2016. The slope of the yield curve can be measured as the yield...












