Understanding Yield Curve (Trading Strategy & Yield Curve Control)
Yield to maturity (YTM) is the effective rate of return that fixed-income securities earn if held to maturity. It depends on the issue price & coupon rate of the securities. A Yield Curve is formed by plotting the YTM of bills/notes/bonds across different maturity periods. It can be for both: Treasury Instruments Specified Credit Rating … Read more