Bill-Over-Bond Spread(redirected from Bill Over Bond Spreads)
The difference in yield between a Treasury bill and some stated bond. The bill-over-bond spread measures the extra return one may receive from investing in one or the other, or it may measure the risk of the bond over the Treasury bill, which is considered riskless. See also: Municipals-over-bonds spread.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved