#defines

Who defines the yield on government bonds? State or investors?

( www.reddit.com )

Who defines the yield on government bonds? State or investors? I saw in the news, that when a government is in trouble, or the investors are not sure about it’s creditworthiness, the investors will require higher yield. My question is, we’re talking about yield to maturity, not the coupon yield, right? So it sounds like the investors determine the yield. But how? The nominal coupon yield is fixed, YTM can c…

Reddit Personal Finance 808 2024-05-04