c instructions plural: an outline or manual of technical procedure : directions d: a code that tells a computer to perform a particular operation 2: the action, practice, or profession of teaching
The yield curve describes the yields for Treasury bills, notes and bonds. It's called a curve because, if it were plotted on a graph, the yields would normally slope up. That's because Treasury bills, which are of short duration, don't usually pay as high a yield as the notes and even longer-term bonds. Why?
The forward dividend yield measures next yearâs expected dividends as a percentage of a stockâs current price, whereas the trailing yield uses the previous year's dividends. The forward yield indicates the annual percent return you can expect to earn from dividends if the company keeps up its payouts.