SHORT- & LONG-TERM INTEREST RATES Short- and long-term interest rates generally move in the same direction Short-term rates tend to be more volatile and lower than long- term rates Figure 5.4 Short-...

can you explain this please. and the graph also. not to all and please be very  detailed and short so we can understand clearly.

Extracted text: SHORT- & LONG-TERM INTEREST RATES Short- and long-term interest rates generally move in the same direction Short-term rates tend to be more volatile and lower than long- term rates Figure 5.4 Short- and Long-Term Interest Rates 20 18 16 F 14E Long-term (10 Year) Interest Rate 4 Short-term (3 Мonth) 2 Interest Rate 1956 1960 1964 1968 1972 1976 1980 1984 1988 1992 1996 2000 2004 2008 2012 Date 2. 6. Interest Rate (Percent)