Master Class: Bond Yields | Breckinridge Capital Advisors
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WEBOct 3, 2022 · Investors can calculate the book YTM, the book YTC, etc., to discover the book YTW based on the price where the bond was bought. By contrast, the market yield reflects that rate of return based on current market prices, and is more volatile. The book yield and market yield are both relevant measures.
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