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What does the treasury yield mean that is causing the market pullback?

Personal Finance & Money Asked on August 3, 2021

Does the treasury yield mean current yield or yield to maturity according to Bloomberg?

One Answer

The "yield" quoted for government bonds is always Yield to Maturity - never current yield.

For corporate bonds (which you didn't ask about) - other measures of yield can be quoted, such as Yield To Worst for callable bonds, meaning what's the worst possible yield I can get if I hold the bond until it matures or is called (whichever comes first).

Correct answer by D Stanley on August 3, 2021

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