Real yield

The yield of an inflation-protected bond — return above inflation, locked in. The nominal-minus-real gap is breakeven inflation; the real yield itself is the economy's true price of long-term money.

Where Real yield is explained in depth

The definition above is the short version. These pages put it to work, in the order they use it most:

• Inflation-Linked Bond
• Inflation
• Digital Assets
• Emerging Market Bonds
• The Yield Curve
• What a Yield Is Telling You

Terms this definition uses

• Breakeven inflation
• Inflation

The whole glossary