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Relative Yield Spread

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Relative yield spread
The ratio of the yield spread to the yield level. Used for bonds.

Relative Yield Spread
In bonds, it is the ratio of the yield spread of more than one bond to the yield of a single bond. The relative yield spread is important to determining how the yield of a given bond compares to that of other bonds, especially those in different classes. This can be useful in making investment decisions.


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