Discover the essentials of discount bonds, including their definition, key risks, and how yield to maturity (YTM) can ...

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Perpetual bonds have no maturity date, allowing them to pay interest indefinitely, making them appealing for long-term income. They come in different types, such as government and corporate bonds, ...

The bond yield helps an investor compare the return from a bond instrument with their own return expectation, and other ...

Yield to maturity, or YTM, represents the holding-weighted average yield of all applicable securities within a portfolio and serves as a measure of the expected rate of return. The calculation ...

A version of this article was published in the November 2015 issue of Morningstar ETFInvestor. Download a complimentary copy of ETFInvestor here. Flaw of Averages Duration, by itself, is a crude ...

Bonds are debt securities that generate interest, but may be paid back early. Yield to worst calculates the minimum return if a bond is called before maturity. Callable bonds risk early repayment, ...