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Refers to the annual interest on a bond divided by the market price of that bond.

Additional Comments:

The current yield is the actual income rate of return as opposed to the coupon rate or the yield to maturity.

Related Terms:

Treasury Bill
The Treasury bill, or T-bill, is a zero coupon bond issued for terms of one month ...

Treasury Note
Treasury notes are issued in terms of 2, 3, 5, 7, and 10 years. T-notes, ...

Treasury inflation-protected securities (TIPS) are inflation-indexed bonds issued by the U.S. Treasury. The rate of return ...

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