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Issuer’s On-The-Run Yield Curve

The yield spread for a given issuer that is added to the yield for the corresponding maturity of the on-the-run...

Yield Spread

The difference in yield to maturity (YTM) between two bonds (bond issues) or two classes of bonds with similar maturities....

Yield Ratio

The quotient of two bond yields, i.e., the ratio of the yield on some bond to the yield on a...