YYield
A return provided by an instrument. In general the yield will increase with the maturity and the "riskiness" of the debt.
Yield Curve
The relationship between interest rates and their maturities (see also term structure of interest rates). Usually plotted as the spot yields on bonds with different maturities but the same risk factors (such as the creditworthiness of the issuer), plotted against maturity.
Yield to Maturity
Internal rate of return on a bond.
Click here to return to Dictionary main page
