Yield Basis
Yield basis states the convention used to quote or compare fixed-income yields, such as current yield, yield to maturity, or tax-equivalent yield.
Investment yield terms for yield basis, yield equivalence, yield gaps, and yield pickup decisions.
Bond Yield Comparisons and Spread Pickups terms explain how investment results are measured, compared, annualized, compounded, distributed, or translated into yield language.
Use this branch when the question depends on the exact return formula, time period, reinvestment assumption, fee treatment, tax treatment, or income-versus-price return split.
| Term | Use it for |
|---|---|
| Yield Basis | A measurement term for comparing investment income, growth, or total performance. |
| Yield Equivalence | A measurement term for comparing investment income, growth, or total performance. |
| Yield Gap | A measurement term for comparing investment income, growth, or total performance. |
| Yield Pickup | A measurement term for comparing investment income, growth, or total performance. |
Check the formula, measurement period, compounding convention, cash-flow timing, reinvestment assumption, fees, taxes, currency, and whether the result is historical, expected, quoted, or realized.
This page is educational and does not recommend a specific investment strategy, security, tax treatment, or account choice.
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Yield basis states the convention used to quote or compare fixed-income yields, such as current yield, yield to maturity, or tax-equivalent yield.
Yield equivalence compares taxable and tax-exempt yields so investors can evaluate after-tax fixed-income returns.
Yield gap measures the difference between equity dividend yields and bond yields, often used to compare relative market valuation.
Yield pickup is the additional yield gained by switching from a lower-yielding security to a higher-yielding alternative.