YTM(yield to maturity): Interest rate that makes the present value of the bond's payments equal...
2、interset rate:可以简单理解成YTM(yield to maturity),出借方要求收到的回报对应的收益率 以上是...
所以发现,Bond yield(YTM)就真实地反应了借款成本,所以可以说他是等同于Interest rate。而Treasury Bond yields反应的美国政府的借款成本,所以也是等同于Risk-free interest rate。 这也就是为什么我们的reasury Bond yields,要用On-the-run的国债,因为刚发行,YTM能代表真实的融资成本。 添加评论 0 0 1 回答 1 ...
你说的垃圾债/次级债是high-yield bonds。这里的higher-yield bonds是对比之前,现在利率上升了导致yield...
Now, let’s consider how interest rates affect bonds. The yield of a bond is largely composed of two parts: interest rate and credit spread. While credit spread reflects idiosyncratic risks associated with individual issuers, the interest rate is the base rate for all bonds denominated in a ce...
A. annual interest payment divided by the current market price B. the yield to maturity C. annual interest divided by the par value D. the internal rate of return E. None of these is correct. 相关知识点: 试题来源: 解析 A 反馈 收藏 ...
The effective interest rate of a bond is usually the market interest rate and the bond’s yield-to-maturity (as opposed to the interest rated stated on the face of the bond). The effective interest rate of a bond is the rate that will discount both the bond’s future interest payments...
economy. That interest-rate difference (also called the spread) is essentially a measure of the shape of the yield curve, as it represents the difference between a long-term interest rate (the 10-year treasury bond) and a short-term rate (the federal funds rate). If the spread is ...
Focuses on bond investing as interest rates are expected to rise. Comparison of the yield of a 10-year Treasury note and a 10-year investment in the Standard & Poor's 500-stock index; Discussion of increasing the maturities of bond holdings instead of investing in money-market funds; ...
Current interest rates underpin the yield on all borrowing, from consumer loans to mortgages and bonds. They also determine how much an individual makes for saving money, whether in a simple savings account, a CD, or an investment-quality bond. The current interest rate determines the yield tha...