Yield Elbow
The point on the yield curve indicating the year in which the economy's highest interest rates occur.
Investopedia Commentary
Yield curves play an important role in the pricing of bonds. The yield elbow is the peak of the yield curve.
Related Links
Advanced Bond Concepts
Corporate Bonds: An Introduction To Credit Risk
Trying To Predict Interest Rates
Money Market Mutual Funds
See also: Bond, Interest Rate, Yield, Yield Curve