In your case, multiplying the 6 percent nominal yield by $1,000 and then dividing by $970 gives a current yield of about 6.19 percent. However, the better metric to use is the yield to maturity.

This data series is part of the Center for Monetary Research.. The Treasury yield premium model by Jens H.E. Christensen and Glenn D. Rudebusch (CR) decomposes the nominal yield curve into three ...

Let’s put these three series—nominal interest rates, real interest rates, and inflationary expectations—together and see how they behaved from 1981 to 2004. For nominal interest rates, we will use the ...