Glossary
Banking
Nominal Yield
The nominal yield of a bond is its headline yield i.e. not adjusted for inflation so not a true reflection of real return. Bonds whose yield is lower than the rate of inflation will have a negative real yield
Nominal Yield
The nominal yield of a bond is its headline yield i.e. not adjusted for inflation so not a true reflection of real return. Bonds whose yield is lower than the rate of inflation will have a negative real yield