Thursday, 10 October 2024, 05:32 AM
Site: Cyber*SchoolCourse: Cyber*School (Home)
Glossary: Glossary | English
Y
Yankee:a type of foreign bondindicates a bond which is issued from a foreign entity in the USA denominated in USD |
Year-to-Date:(YTD) Identifies the total return on a given date (present value). |
YEN:abbr. ISO currency code for japanese yen |
yield:annual percentage return on an investment |
yield curve:A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity dates. The most frequently reported yield curve compares the three-month, two-year, five-year and 30-year U.S. Treasury debt. This yield curve is used as a benchmark for other debt in the market, such as mortgage rates or bank lending rates. The curve is also used to predict changes in economic output and growth. There are three main types of yield curve shapes: normal, inverted and flat (or humped). A normal yield curve is one in which longer maturity bonds have a higher yield compared to shorter-term bonds due to the risks associated with time. An inverted yield curve is one in which the shorter-term yields are higher than the longer-term yields. A flat (or humped) yield curve is one in which the shorter- and longer-term yields are very close to each other. The slope of the yield curve is also seen as important: the greater the slope, the greater the gap between short- and long-term rates. |
YTD:abbr. Year-to-Date |