The on the run yield curve is
A. a plot of yield as a function of maturity for zero-coupon bonds.
B. a plot of yield as a function of maturity for recently-issued coupon bonds trading at or near par.
C. a plot of yield as a function of maturity for corporate bonds with different risk ratings.
D. a plot of liquidity premiums for different maturities.
B. a plot of yield as a function of maturity for recently-issued coupon bonds trading at or near par.
The on the run yield curve is a plot of yield as a function of maturity for recently issued coupon bonds trading at or near par.
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