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"They'll take a haircut on the yield," he said.
That is where the cap on the yield comes in.
"That will have a negative effect on the yield going ahead," Mr. Van Den Brul said.
"The 30-year Treasury is the cheapest on the yield curve right now".
So Mr. Schatsky has begun nudging his clients to venture a bit farther out on the yield curve.
Moreover, the level of pensions would no longer be indexed but would depend on the yield of investments.
I was right on the yield curve, too.
Focusing on the yield alone is a mistake.
Pressure has no significant effect on the yield of glucose.
Solvent ratios alone had little effect on the yield.
Its stress depends on the yield strength of gear.
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