[{"data":1,"prerenderedAt":236},["ShallowReactive",2],{"term:yield":3},{"term":4,"related":223},{"id":5,"title":6,"body":7,"category":205,"description":206,"extension":207,"faq":208,"meta":209,"navigation":210,"path":211,"related":212,"seo":216,"stem":217,"takeaways":218,"__hash__":222},"terms\u002Fterms\u002Fyield.md","Yield",{"type":8,"value":9,"toc":199},"minimark",[10,15,19,22,26],[11,12,14],"h2",{"id":13},"understanding-yield","Understanding Yield",[16,17,18],"p",{},"For bonds, current yield is the annual coupon divided by the market price. Yield to maturity also counts the gain or loss at maturity.",[16,20,21],{},"When a bond's price falls, its yield rises, and the other way around.",[11,23,25],{"id":24},"formula","Formula",[27,28,31],"span",{"className":29},[30],"katex-display",[27,32,35,72],{"className":33},[34],"katex",[27,36,39],{"className":37},[38],"katex-mathml",[40,41,44],"math",{"xmlns":42,"display":43},"http:\u002F\u002Fwww.w3.org\u002F1998\u002FMath\u002FMathML","block",[45,46,47,67],"semantics",{},[48,49,50,54,58],"mrow",{},[51,52,53],"mtext",{},"Current yield",[55,56,57],"mo",{},"=",[59,60,61,64],"mfrac",{},[51,62,63],{},"Annual coupon payment",[51,65,66],{},"Bond price",[68,69,71],"annotation",{"encoding":70},"application\u002Fx-tex","\\text{Current yield} = \\frac{\\text{Annual coupon payment}}{\\text{Bond price}}",[27,73,77,106],{"className":74,"ariaHidden":76},[75],"katex-html","true",[27,78,81,86,94,99,103],{"className":79},[80],"base",[27,82],{"className":83,"style":85},[84],"strut","height:0.8889em;vertical-align:-0.1944em;",[27,87,91],{"className":88},[89,90],"mord","text",[27,92,53],{"className":93},[89],[27,95],{"className":96,"style":98},[97],"mspace","margin-right:0.2778em;",[27,100,57],{"className":101},[102],"mrel",[27,104],{"className":105,"style":98},[97],[27,107,109,113],{"className":108},[80],[27,110],{"className":111,"style":112},[84],"height:2.2519em;vertical-align:-0.8804em;",[27,114,116,121,195],{"className":115},[89],[27,117],{"className":118},[119,120],"mopen","nulldelimiter",[27,122,124],{"className":123},[59],[27,125,129,186],{"className":126},[127,128],"vlist-t","vlist-t2",[27,130,133,181],{"className":131},[132],"vlist-r",[27,134,138,155,166],{"className":135,"style":137},[136],"vlist","height:1.3714em;",[27,139,141,146],{"style":140},"top:-2.314em;",[27,142],{"className":143,"style":145},[144],"pstrut","height:3em;",[27,147,149],{"className":148},[89],[27,150,152],{"className":151},[89,90],[27,153,66],{"className":154},[89],[27,156,158,161],{"style":157},"top:-3.23em;",[27,159],{"className":160,"style":145},[144],[27,162],{"className":163,"style":165},[164],"frac-line","border-bottom-width:0.04em;",[27,167,169,172],{"style":168},"top:-3.677em;",[27,170],{"className":171,"style":145},[144],[27,173,175],{"className":174},[89],[27,176,178],{"className":177},[89,90],[27,179,63],{"className":180},[89],[27,182,185],{"className":183},[184],"vlist-s","​",[27,187,189],{"className":188},[132],[27,190,193],{"className":191,"style":192},[136],"height:0.8804em;",[27,194],{},[27,196],{"className":197},[198,120],"mclose",{"title":200,"searchDepth":201,"depth":201,"links":202},"",2,[203,204],{"id":13,"depth":201,"text":14},{"id":24,"depth":201,"text":25},"investing","The income an investment produces, as a percentage of its price.","md",[],{},true,"\u002Fterms\u002Fyield",[213,214,215],"bond","coupon","dividend-yield",{"title":6,"description":206},"terms\u002Fyield",[219,220,221],"Yield is income as a percentage of price.","Bond prices and yields move in opposite directions.","Yield to maturity is the fuller measure for bonds.","QvgJ-Xx2-xKSy8WTY1lmcEhpNW9YRATusc7pVCY6ivI",[224,228,232],{"title":225,"description":226,"path":227},"Bond","A loan an investor makes to a government or company in exchange for interest payments.","\u002Fterms\u002Fbond",{"title":229,"description":230,"path":231},"Coupon","The annual interest a bond pays, stated as a percentage of its face value.","\u002Fterms\u002Fcoupon",{"title":233,"description":234,"path":235},"Dividend Yield","The annual dividend per share divided by the share price.","\u002Fterms\u002Fdividend-yield",1793226379271]