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Relative Yield Spread

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

High-Yield CD

A certificate of deposit (CD) that offers higher interest rates than usual types of certificates available in the market. These CDs are...

High-Yield Certificate of Deposit

A certificate of deposit (CD) that offers higher interest rates than usual types of certificates available in the market. These CDs are...

Callable Fixed-Rate Note

A callable note that pays a fixed rate coupon for its entire tenor. It allows the issuer to early terminate (premature or early termination)...

Implied Price TED

The difference between a hypothetical note's yield and the Treasury note's actual yield. The hypothetical note's yield is the full price...

Holding Period Yield

A yield measure that constitutes the holding period return of a fixed-income instrument. For an instrument with a single cash...