FIXED INCOME
YTW
The lowest conventionally calculated yield across specified permissible redemption scenarios.
What does it stand for?
Yield to Worst
What it means
The lowest conventionally calculated yield across specified permissible redemption scenarios.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Acronyms
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.