Yield (%) Yield (%) ^ ^ | \ | ___________ Flat Curve | \ | / | \ Normal Curve | / | \ (Upward Sloping) |/ | \ | \ | \ | \ Inverted Curve | \ | \ (Downward Sloping) | \ | \ | \ | \ |____________\________> Maturity (Years) |______\________> Maturity (Years) Implication: Economic Implication: Transition Implication: Impending Expansion, Rising Rates to Recession, Uncertainty Recession, Rate Cuts