current yield

简明释义

本期生息

英英释义

例句

1.Investors often look at the current yield of a stock to assess its potential return.

投资者通常会查看股票的当前收益率来评估其潜在回报。

2.The bond's current yield indicates how much income it generates based on its current price.

该债券的当前收益率表明它根据当前价格产生的收入。

3.The current yield of municipal bonds is often lower due to their tax advantages.

市政债券的当前收益率通常较低，因为它们具有税收优势。

4.To calculate the current yield, divide the annual interest payment by the current market price.

要计算当前收益率，将年度利息支付除以当前市场价格。

5.A higher current yield can attract more investors seeking income.

更高的当前收益率可以吸引更多寻求收入的投资者。

作文

Understanding the concept of current yield is crucial for anyone involved in investing, particularly in fixed-income securities like bonds. The term current yield refers to the annual income (interest or dividends) generated by an investment divided by its current market price. This measurement provides investors with a way to assess the income they can expect relative to the price they are paying for the investment, making it an essential tool in financial analysis.For instance, if an investor purchases a bond with a face value of $1,000 that pays an annual coupon of $50, the nominal yield would be 5%. However, if the market price of this bond drops to $800, the current yield would increase to 6.25% ($50/$800). This illustrates how market fluctuations can affect the yield an investor receives from a bond, highlighting the importance of understanding current yield in making informed investment decisions.Investors often look at current yield as a way to compare different investment opportunities. For example, if one bond has a current yield of 4% and another has a yield of 6%, an investor might be inclined to choose the latter, assuming all other factors are equal. However, it is essential to consider the risk associated with each investment. A higher current yield may indicate higher risk, especially if the bond issuer has a lower credit rating.Moreover, current yield should not be viewed in isolation. It is just one of many metrics that investors use to evaluate the attractiveness of a security. Other factors such as the bond's maturity, credit quality, and overall market conditions play a significant role in determining the best investment choice. For instance, a bond with a high current yield but a short maturity might be less desirable than a bond with a slightly lower yield but a longer maturity, which could provide more stability over time.In addition, the current yield can fluctuate based on changes in interest rates. When interest rates rise, the prices of existing bonds typically fall, leading to an increase in their current yield. Conversely, when interest rates fall, bond prices generally rise, resulting in a lower current yield. This inverse relationship is a fundamental principle in bond investing and highlights why understanding current yield is vital for navigating the market.Furthermore, the current yield is particularly relevant in a low-interest-rate environment, where traditional savings accounts and certificates of deposit may offer minimal returns. Investors seeking better income-generating options may turn to bonds or dividend-paying stocks, where current yield becomes a key factor in evaluating potential investments.In conclusion, grasping the concept of current yield is essential for investors aiming to make informed decisions in the financial markets. By understanding how current yield is calculated and what it signifies about an investment's income potential, investors can better navigate their options and align their strategies with their financial goals. Whether one is a seasoned investor or just starting, a solid understanding of current yield will undoubtedly enhance one's ability to analyze and select suitable investment opportunities effectively.

理解当前收益率的概念对于任何参与投资的人来说都是至关重要的，特别是在固定收益证券（如债券）方面。术语当前收益率指的是投资所产生的年收入（利息或股息）除以其当前市场价格。这一指标为投资者提供了一种评估他们可以预期的收入与他们为投资支付的价格之间关系的方法，因此在财务分析中是一个重要工具。例如，如果一位投资者购买了一只面值为1000美元、每年支付50美元利息的债券，则名义收益率为5%。然而，如果该债券的市场价格降至800美元，则当前收益率将增加到6.25%（50美元/800美元）。这表明市场波动如何影响投资者从债券中获得的收益，突显了理解当前收益率在做出明智投资决策中的重要性。投资者通常将当前收益率视为比较不同投资机会的一种方式。例如，如果一只债券的当前收益率为4%，而另一只债券的收益率为6%，则在其他因素相等的情况下，投资者可能倾向于选择后者。然而，考虑与每项投资相关的风险至关重要。更高的当前收益率可能意味着更高的风险，尤其是当债券发行人的信用评级较低时。此外，当前收益率不应孤立地看待。它只是投资者用来评估证券吸引力的众多指标之一。债券的到期日、信用质量和整体市场状况等其他因素在决定最佳投资选择方面也起着重要作用。例如，一只具有高当前收益率但短期到期的债券可能不如一只收益率稍低但长期到期的债券更具吸引力，因为后者在时间上可能提供更多的稳定性。此外，当前收益率会因利率变化而波动。当利率上升时，现有债券的价格通常会下跌，从而导致其当前收益率上升。相反，当利率下降时，债券价格通常会上涨，导致当前收益率降低。这种反向关系是债券投资中的基本原则，并突显了理解当前收益率在市场中导航的重要性。此外，在低利率环境中，当前收益率尤其相关，因为传统储蓄账户和存款证可能提供微薄的回报。寻求更好收入生成选项的投资者可能会转向债券或支付股息的股票，在这些情况下，当前收益率成为评估潜在投资的关键因素。总之，掌握当前收益率的概念对于希望在金融市场中做出明智决策的投资者至关重要。通过理解当前收益率的计算方式及其对投资收入潜力的意义，投资者可以更好地驾驭他们的选择，并使他们的策略与财务目标保持一致。无论是一位经验丰富的投资者还是刚入门的人，对当前收益率的扎实理解无疑将增强个人有效分析和选择合适投资机会的能力。