Investing for the long or the short term? This is the question bond investors ask. In this blog, we will have a look at German government bonds with a remaining time to maturity of two years (2Y; short) and ten years (10Y; long). More specifically, we are interested in the yield differential between the long- and the short-term interest rates. The technical term here is the “slope of the yield curve”.
![Curves (part 3) – peaks and troughs Curves (part 3) – peaks and troughs](https://blog.en.erste-am.com/wp-content/uploads/2017/04/Fotolia_119630342_L-370x210.jpg)