What is a bond yield?

For the investor who has purchased the bond, the bond yield is a summary of the overall return that accounts for the remaining interest payments and principal they will receive, relative to the price of the bond.

What is a callable bond?

If a bond has a call provision, it may be paid off at earlier dates, at the option of the company, usually at a slight premium to par. A company may choose to call its bonds if interest rates allow them to borrow at a better rate. Callable bonds also appeal to investors as they offer better coupon rates.

What is EUR/CAD & how does it work?

EUR/CAD is the forex ticker for the exchange rate between the Euro and the Canadian dollar. It tells traders how many Canadian dollars are needed to buy one Euro in real time. As it is not in the top ten most traded pairs, EUR/CAD is less liquid than major pairs such as USD/CAD.

What is a corporate bond?

Bonds are a form of IOU between the lender and the borrower. Corporate bonds refer to the debt securities that companies issue to pay their expenses and raise capital. The yield of these bonds depends on the creditworthiness of the company that issues them. The riskiest bonds are known as "junk bonds," but they also offer the highest returns.