| 释义 |
Term premiums Term premiumsExcess of the yields to maturity on long-term bonds over those of short-term bonds.Term PremiumThe amount by which the yield-to-maturity of a long-term bond exceeds that of a short-term bond. Because one collects coupons on a long-term bond for a longer period of time, its yield-to-maturity will be more. The amount of a term premium depends on the interest rates of the individual bonds. |