The income return on an investment, expressed as a percentage.
For bonds: Yield = (Annual Interest / Market Price) × 100
Types include: Current Yield, Yield to Maturity (YTM), and Dividend Yield
A graph showing the relationship between interest rates and maturity dates of bonds.
Normal curve: Longer maturities = higher yields
Inverted curve: Short-term yields > long-term (often signals recession)