Dear All
Please let me know if my understanding is correct:

If the Short Term rates increases more than the rates on the longer term tenor, then it is Flattening of the Yield curve  due to level and steepness

If the Short term rates decreases more than the rates on the Longer term tenor, then it is Steepening of the Yield curve due to level and Steepness
Please do let me know if the above is correct
Thanks