Why it matters
Rising yields mean higher borrowing costs for governments, companies and home buyers.
Bond yield in the news
More Finance terms
Market capitalisation
The total value of a listed company, calculated as its share price multiplied by the number of shares.
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Exchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
Initial public offering
The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.
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