Yield Curve and Economic status

Hi guys,

I would like to confirm and clarify some issues when I revise the materials:

  1. Is there a negative relationship between the slope of yield curve and bond price? and there is a positive relationship between the yield curve and interest rate?

  2. Why the upward sloping yield curve means the economy will expand? Isn’t that the higher yield curve meaning the interest rate is rising and it would discourage investment and hence will slow down the economic growth?

Thanks.

1- yes, yes 2- upward yield curv = increase in interest rates which happens when the economy is booming.