Tag: curve
Heath-Jarrow-Morton Model (HJM Model)
What is 'Heath-Jarrow-Morton Model - HJM Model' A model that applies forward rates to an existing term structure of interest rates to determine...
Yield To Average Life
What is 'Yield To Average Life' The yield on a fixed-income security when the average maturity is substituted for the maturity date...
Yield Pickup
What is 'Yield Pickup' The additional interest rate an investor receives when selling a lower-yielding bond in exchange for a higher-yielding bond....
Yield Curve Risk
What is the 'Yield Curve Risk' The yield curve risk is the risk of experiencing an adverse shift in market interest rates...
Yield Elbow
What is 'Yield Elbow' The point on the yield curve indicating the year in which the economy's highest interest rates occur. The...
Yield Curve
A yield curve depicts interest rates of bonds having different maturities, but same credit quality, at a specific point in time. The yield curve...
Yield Maintenance
Yield Maintenance in Commercial Real Estate Loans
Yield Maintenance refers to the penalties you pay if you pay off your loan early. The penalty is...
Yield Variance
What is 'Yield Variance' Yield variance is the difference between actual output and standard output of a production or manufacturing process, based...
Yield To Maturity (YTM)
What is 'Yield To Maturity (YTM)' Yield to maturity (YTM) is the total return anticipated on a bond if the bond is...
Yield On Cost (YOC)
What is 'Yield On Cost - YOC' The annual dividend rate of a security divided by the average cost basis of the...