tag:blogger.com,1999:blog-11027528911364475.post5488766561687521503..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: It's All About the YieldJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11027528911364475.post-17481583055945212772009-10-01T13:24:26.662-07:002009-10-01T13:24:26.662-07:00Yield to worst is equal to yield to maturity takin...Yield to worst is equal to yield to maturity taking into account if an option is likely to be called (for callable bonds). In that case it's the yield to that call.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-72981190102763925402009-10-01T09:20:49.546-07:002009-10-01T09:20:49.546-07:00Jake - what do you mean by "yield to worst&qu...Jake - what do you mean by "yield to worst"? Just the yield of the bond?dblwyonoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-51533746842266543872009-10-01T07:59:14.546-07:002009-10-01T07:59:14.546-07:00Jake,
Over the life of those bonds the answer is ...Jake,<br /><br /><i>Over the life of those bonds the answer is simply the yield of the portfolio.</i><br /><br />True. But by the time bonus seeking fund managers get done selling losers and buying winners, odds are that actual returns will trail expected returns. <br /><br />I don't know why people can't understand that a treasury note with a > 2% real yield is a fair deal. <br /><br />Too much hype & propaganda. Too many skilled snake oil salesmen.mabnoreply@blogger.com