Glossary
Banking
Yield to Worst (YTW)
Yield to Worst (YTW) refers to the lower of YTM (cf.) and YTC (cf.). YTW enables investors to gauge the lowest estimate of the return of a performing bond.
Yield to Worst (YTW)
Yield to Worst (YTW) refers to the lower of YTM (cf.) and YTC (cf.). YTW enables investors to gauge the lowest estimate of the return of a performing bond.