The expected rate of return of an investment. For bonds, the yield considers the current bond price and coupon payments until maturity. See also “seven day effective yield.”
A graph displaying the relationship between bonds whose yields are of the same quality but mature at different times. A yield curve normally slopes upward to show that short-term investments usually have a lower yield than their longer-term counterparts. When short-term funds become more expensive, the yield curve is said to invert.
The return of a bond over its life, assuming periodic coupon payments are reinvested until the bond matures. This accounts for the par value, coupon rate, time to maturity and market price.