Can the principal and future yield of a yield-bearing asset be split up and sold separately?
The price of YT is essentially a quote for future yield: if the yield actually received before maturity is less than the level implied when it was purchased, the YT buyer will lose money.
My notes are packed with lessons, and my account is full of tuition fees paid.
There is always uncertainty in the market, so decide in advance what to do if you get it wrong.
$PENDLE 1.648（-0.84%）
#PENDLE
The price of YT is essentially a quote for future yield: if the yield actually received before maturity is less than the level implied when it was purchased, the YT buyer will lose money.
My notes are packed with lessons, and my account is full of tuition fees paid.
There is always uncertainty in the market, so decide in advance what to do if you get it wrong.
$PENDLE 1.648（-0.84%）
#PENDLE