Yield Measures, Spot Rates, and Forward Rates

In this section

• Yield to Maturity (YTM)
  Learn how yield to maturity summarizes a bond's return when held to maturity under standard assumptions.
• Current Yield
  Understand how current yield relates coupon income to market price and where it differs from total return measures.
• Yield to Call and Yield to Put
  Review yield measures for callable and putable bonds and how embedded options affect return analysis.
• Spot Rate Curve in Bond Valuation
  See how spot rates are derived and used to value fixed income cash flows more precisely.
• Forward Rate Analysis in Bond Markets
  Learn how forward rates are interpreted and used in fixed income pricing and interest rate expectations.