A biased expectations theory that asserts that the shape of the yield curve is determined by the supply of and demand for securities within each maturity sector.
MARKET SEGMENTATION THEORY OR PREFERRED HABITAT THEORY
Meaning of MARKET SEGMENTATION THEORY OR PREFERRED HABITAT THEORY in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012