They like to--when they're computing the investment yield, they want to be completely honest and not use any rules of thumb.

当他们计算投资收益率的时候,他们需要完全精确,而非用经验公式

耶鲁公开课 - 金融市场课程节选

So, I've got here a term structure; well, the term structure is the plot of yield-to-maturity against time-to-maturity.

我这有一张期限结构图,期限结构其实是,到期收益率与到期期限之间的关系图

耶鲁公开课 - 金融市场课程节选

The yield-to-maturity on an indexed bond is already in real terms because the coupons are indexed to inflation.

这种债券的到期收益率,就是实际收益率,因为票息已经被通胀指数化了

耶鲁公开课 - 金融市场课程节选

r1 is the yield on the one-period bond and r2 is the yield on the two-period bond.

1是一年期债券的收益率,r2则是两年期债券的收益率

耶鲁公开课 - 金融市场课程节选