{"id":{"repo_id":"vt","oai_identifier":"oai:vtechworks.lib.vt.edu:10919/42235"},"canonical_url":"https://search.dev.ndltd.org/etd/vt/oai:vtechworks.lib.vt.edu:10919/42235","repository":{"repo_id":"vt","name":"Virginia Tech","base_url":"https://vtechworks.lib.vt.edu/oai/request"},"display":{"title":"An analysis of the term structure of interest rates, January 1980-March, 1994","abstract":"The purpose of this study is to describe and analyze the behavior of the term structure of interest rates on a daily basis between January 2, 1980, and March 31, 1994, especially with respect to the synchronization and the relative amplitude of change of different maturities in the term structure. Results reveal a high degree of synchronization of the elements of the yield curve during this period. Volatility was found to vary inversely with maturity during this time. 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