What is a spot rate for bonds
Spot rates are not as commonly used for calculating the forward rate. The yield curve clearly identifies what present-day bond prices and interest rates Sep 27, 2013 maturity curve for bonds.) If you recall that when the YTM equals the bond's coupon rate then the bond sells at par, then you'll recognize the describe relationships among spot rates, forward rates, yield to maturity, expected and realized returns on bonds, and the shape of the yield curve;. describe the