Trading Terms Starting With Y

  • Yankee bond

    a bond denominated in U.S. dollars, issued and traded in the United States by foreign corporations, banks and/or governments.
  • Year-over-year (YOY)

    comparison of an event, like a company's financial performance, over a given time frame compared to the same time frame the year before.
  • Yellow sheets

    a daily listing of over-the-counter corporate bonds published by the National Quotation Bureau and used by brokerage firms to execute customer orders. Included are daily bid/ask prices for each issue as well as the market maker(s) who trade them.
  • Yield

    the annualized return on an investment expressed as a percentage amount.
  • Yield curve

    the relationship between yields on short-term and long-term debt securities of the same investment quality, which is often depicted graphically. See also Normal yield curve, Inverted yield curve.
  • Yield to call

    for a callable debt security, it is the yield that would be seen if the security is held until its call date, and no longer.
  • Yield to maturity

    for any debt security, it is the yield that would be seen if the security is held until its maturity date.
  • Yield to worst

    for a callable debt security, it is the lower of either the yield to call (security held only until call date) or the yield to maturity (security held until the maturity date).