Yard
| Another term for a billion.
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Yellow Sheets
| Wholesale quote sheet for corporate bonds used by dealers.
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Yield
| The rate of return on an investment. There are as many computations as there are different yields, such as current yield and yield to maturity.
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Yield Curve
| A chart in which yield level is plotted on the vertical axis, and the term to maturity of debt instruments of similar credit worthiness is plotted on the horizontal axis.
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Yield Elbow
| The point on the yield curve that indicates the year at which the economy's highest interest rates occur.
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Yield to Call
| The percentage a bond will yield to the date at which it is eligible to be redeemed by its issuer.
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Yield To Maturity
| The current yield augmented or decreased by the amortized difference between the purchase price and the maturity value.
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