
What bond investors need to know about yield
$225.00
Description
Abstract: To evaluate bond performance, investors are told to compare yields. Yet definitions of “yield” aren’t always straightforward. This article defines several, including current yield, yield to maturity and yield to call. The right type of yield depends largely on whether the bond is callable or noncallable. A sidebar explains why investors trying to compare short- and long-term bonds should consider consulting the yield curve.
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