Yield to Maturity is the estimated rate of return that an investor can expect from a bond. The value assumes that you hold the bond until maturity.

Yield to maturity measures a bond's expected returns if held to maturity. Unlike dividend yields, yield to maturities are forwards-looking, and take into consideration both income and capital gains.

Bond Yield Curves Bond yield curve (Wendorf) Bond yields are typically graphed, with the y-axis displaying interest rates, and the x-axis displaying maturity lengths.