The yield is the amount of interest it pays, in percentage terms, at the current price. So if you can buy the IOU for $100, and it pays $5 a year interest, the simple yield is 5%. As the price ...

Meantime, the 10-year yield appears to be straddling the fence, waiting for the next shoe to drop. Perhaps not surprisingly, the stock market is relatively calm at the moment, trading at/near its ...