bond yield

简明释义

债券收益(率)，债券投资收益率

英英释义

例句

1.Investing in municipal bonds can provide a tax-free bond yield 债券收益率 for residents.

投资市政债券可以为居民提供免税的债券收益率 bond yield。

2.A rising bond yield 债券收益率 often indicates that investors expect inflation to increase.

上升的债券收益率 bond yield 通常表明投资者预计通货膨胀将上升。

3.Investors are closely monitoring the bond yield 债券收益率 to gauge the market's direction.

投资者正在密切关注债券收益率 bond yield 以判断市场的走向。

4.Analysts predict that the bond yield 债券收益率 will rise if the central bank raises interest rates.

分析师预测，如果中央银行提高利率，债券收益率 bond yield 将会上升。

5.The bond yield 债券收益率 on government bonds is typically lower than that of corporate bonds.

政府债券的债券收益率 bond yield 通常低于企业债券的收益率。

作文

Understanding the concept of bond yield is essential for anyone interested in investing in fixed-income securities. A bond yield refers to the return an investor can expect to earn from a bond, expressed as a percentage of its face value. This yield is influenced by various factors, including interest rates, the bond's credit quality, and the time remaining until maturity. In this essay, we will explore the different types of bond yield and their significance in the investment landscape.When an investor purchases a bond, they are essentially lending money to the issuer, which could be a government or a corporation. In return for this loan, the issuer agrees to pay interest at regular intervals until the bond matures, at which point the principal amount is returned. The bond yield is a critical measure because it helps investors assess the potential profitability of a bond compared to other investments.There are several types of bond yield that investors should be aware of. The most common is the current yield, which is calculated by taking the bond's annual coupon payment and dividing it by its current market price. For example, if a bond has a coupon payment of $50 and is currently trading at $1,000, the current yield would be 5%. This metric provides a snapshot of the income an investor can expect relative to the price they pay for the bond.Another important measure is the yield to maturity (YTM), which represents the total return an investor can expect if the bond is held until it matures. YTM takes into account not only the bond's current yield but also any capital gains or losses that may occur if the bond is purchased at a price different from its face value. For instance, if a bond is bought at a discount, the YTM will be higher than the current yield, reflecting the additional profit that will be realized when the bond matures.The relationship between bond yield and interest rates is also crucial for investors to understand. Generally, when interest rates rise, bond yields increase as well, leading to a decrease in bond prices. Conversely, when interest rates fall, bond yields decline, resulting in higher bond prices. This inverse relationship can create opportunities for savvy investors who are able to predict interest rate movements.Moreover, the credit quality of the bond issuer plays a significant role in determining the bond yield. Bonds issued by governments or corporations with high credit ratings tend to have lower yields because they are considered safer investments. In contrast, bonds from issuers with lower credit ratings offer higher yields to compensate investors for the increased risk of default. This dynamic highlights the importance of conducting thorough research on potential bond investments.In conclusion, understanding bond yield is vital for making informed investment decisions in the fixed-income market. By familiarizing oneself with the different types of bond yield and the factors that influence them, investors can better navigate the complexities of bond investing. Whether seeking steady income or capital appreciation, a solid grasp of bond yield will empower investors to optimize their portfolios and achieve their financial goals.

理解债券收益率的概念对于任何有意投资于固定收益证券的人来说都是至关重要的。债券收益率是指投资者可以预期从债券中获得的回报，以其面值的百分比表示。这个收益率受到多种因素的影响，包括利率、债券的信用质量以及到期前的剩余时间。在这篇文章中，我们将探讨不同类型的债券收益率及其在投资领域中的重要性。当投资者购买债券时，他们实际上是在向发行者借钱，这可能是政府或公司。作为这笔贷款的回报，发行者同意在债券到期之前定期支付利息，届时本金将被退还。债券收益率是一个关键指标，因为它帮助投资者评估债券相对于其他投资的潜在盈利能力。投资者应该了解几种类型的债券收益率。最常见的是当前收益率，它通过将债券的年息票支付额除以其当前市场价格来计算。例如，如果一只债券的息票支付额为50美元，而目前交易价格为1000美元，则当前收益率为5%。该指标提供了投资者相对于他们为债券支付的价格所能期待的收入快照。另一个重要的衡量标准是到期收益率（YTM），它代表投资者如果持有债券直到到期所能期待的总回报。YTM不仅考虑债券的当前收益率，还考虑如果以不同于面值的价格购买债券时可能出现的资本收益或损失。例如，如果以折扣价购买债券，则YTM将高于当前收益率，反映出在债券到期时将实现的额外利润。债券收益率与利率之间的关系对于投资者理解也至关重要。通常，当利率上升时，债券收益率也会增加，从而导致债券价格下降。相反，当利率下降时，债券收益率会下降，导致债券价格上涨。这种反向关系可以为能够预测利率走势的精明投资者创造机会。此外，债券发行者的信用质量在决定债券收益率方面也起着重要作用。由政府或信用评级较高的公司发行的债券往往具有较低的收益率，因为它们被视为更安全的投资。相比之下，来自信用评级较低的发行者的债券则提供更高的收益率，以补偿投资者因违约风险增加而带来的风险。这种动态突显了对潜在债券投资进行彻底研究的重要性。总之，理解债券收益率对在固定收益市场做出明智的投资决策至关重要。通过熟悉不同类型的债券收益率及其影响因素，投资者可以更好地驾驭债券投资的复杂性。无论是寻求稳定的收入还是资本增值，对债券收益率的扎实掌握将使投资者能够优化其投资组合，实现其财务目标。