Yield the return the market currently demands on a bond, which sets its price. When yields rise, prices fall, and vice versa. Where it's taught Bonds: Why Their Prices Move Backwards Try it with a calculator Bonds Simulator Appears in 15 other lessons Paycheck Withholding & the Tax-Refund MythThe Emergency FundNet Worth & the Order of Operations: Where Every Dollar Goes FirstInterest, APR & APYCredit Scores: What Actually Moves the NumberEmergency Fund or Pay Off Debt First?Buy Now, Pay Later — or Save Up First? The True Cost of Financing a PurchaseBank Accounts: Where Your Cash Should Actually SitReal Returns: What Your Money Is Actually EarningYou Just Got a Windfall: Where Should It Go?Diversification: The Closest Thing to a Free LunchStocks: Price, Dividends & What 'Total Return' Really MeansReal-Estate Investing: Cap Rate, Cash Flow, and the Magic (and Menace) of LeverageCrypto & DeFi: The Hidden Cost of Being the BankScams & Fraud: Spotting a Too-Good-to-Be-True Return Related terms BondCoupon / coupon rateDurationFace value (par)MaturityPremium / discountZero-coupon bond