Question

What does historical data suggest about the nature of short-term and long-term interest rates?

Multiple choice question.

Short-term rates are always higher than long-term rates.


Long-term rates are always higher than short-term rates.


Sometimes short-term rates are higher and sometimes long-term rates are higher.


Short-term rates are equal to the long-term rates.

Answers

GPT-4o mini
The correct answer is:

**Sometimes short-term rates are higher and sometimes long-term rates are higher.**

Historically, the relationship between short-term and long-term interest rates can vary depending on economic conditions, monetary policy, and investor expectations. Typically, long-term rates are higher than short-term rates in a normal yield curve scenario, but there are instances (such as during a yield curve inversion) where short-term rates can be higher than long-term rates.