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Yankee bondA USD-denominated bond issued in the US by a non-US entity.
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Yankee CDA Yankee Certificate of Deposit (Yankee CD) is a USD-denominated Certificate of Deposit issued in the US by a branch or agency of a non-US bank. |
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YardA financial term meaning one billion (1,000,000,000). Example: This FX trader is buying a yard of U.S. dollars. The term is derived from the term milliard. In several European languages, 1,000,000,000 is one milliard. |
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Year-End DividendA dividend paid at the end of the trading year. |
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YearlingA local authority bond issued for one year.
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Yellow KnightA company that made a takeover attempt but is now discussing a merger with the target company instead. |
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Yen ETFAn Exchange-traded Fund (ETF) that invests chiefly in yen-backed assets or holds the currency in interest-bearing accounts that pay the current money market yields in Japan. |
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YOYYOY is short for Year Over Year. Year Over Year is a method of evaluating two or more measurement events to compare the results at one time period with those of a comparable time period on an annualized basis. Example:
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YTWYTW is short for Yield To Worst. Yield To Worst is the lowest potential yield that can be received on a bond without the issuer actually defaulting. |
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Yo-YoYo-Yo is slang for a market characterized by very high volatility, where prices are bouncing up and down. It is a reference to the toy yo-yo. |