What is the meaning of Market segmentation theory or preferred habitat theory?

Market segmentation theory or preferred habitat theory is 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.

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APABarry Goldsmith. (2010). market segmentation theory or preferred habitat theory. Retrieved October 1, 2026, from http://smartdefine.org/market_segmentation_theory_or_preferred_habitat_theory/definitions/1157863
ChicagoBarry Goldsmith. 2010. "market segmentation theory or preferred habitat theory" http://smartdefine.org/market_segmentation_theory_or_preferred_habitat_theory/definitions/1157863 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, market segmentation theory or preferred habitat theory, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/market_segmentation_theory_or_preferred_habitat_theory/definitions/1157863>.
MLABarry Goldsmith. "market segmentation theory or preferred habitat theory" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/market_segmentation_theory_or_preferred_habitat_theory/definitions/1157863>