New bonds will have to pay a 7% coupon rate or no one will buy them. By the same token, you could sell your 6% bond only if you offered it at a price that produced a 7% yield for the buyer.

Bonds. Investors in individual bonds should focus on yield to maturity. A bond’s coupon rate or current yield can tell you how much income a bond will generate, but those measures won’t signal ...

Two-year Treasury Decomposition 10-year Treasury Decomposition Estimated Short Rate Path The two-year Treasury yield decomposition divides the two-year zero-coupon nominal Treasury yield into the ...

Robert Jarrow’s book cited below, forward rates contain a risk premium above ... which shows the zero-coupon yield curve implied by current Treasury prices compared with the annualized ...