Energy supply prices that can be purchased today, such as the NYMEX market for gas. Forward curves can be used for marking positions to market. Forward curves are not price forecasts and are not necessarily useful for planning purposes. A forecast is a prediction of future prices based on analysis, whereas the forward curve is a snapshot of todayÃ…fs market.
A sequence of future yields that parallel the floating reference rates on a swap.
A yield curve (yield/term) but using forward interest rates derived from the spot rates. Often plotted as the 6month or 1 year rates lyr forward, then 2years forward, then 3 years forward etc etc