Despite positive economic data and retail sales being up almost 10%, bondA financial instrument representing an IOU from the borrower to the lender. Bond issuers promise to pay bond holders a given amount of interest for a pre-determined amount of time until the loan is repaid in full (otherwise known as the maturity date). Bonds can have a fixed or floating interest rate. Fixed-rate bonds pay out a pre-determined amount of interest each year, while floating-rate bonds can pay higher or lower interest each year depending on prevailing market interest rates.yieldsYield is a measure of the income on an investment in relation to the price. There are several ways to measure yield. The current yield of a security is the income over the past year (either dividends or coupon payments) divided by the current price. ticked down yesterday. Vice President Steve Johnson discusses what’s going on in the bond and stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. markets in Today’s Market Takeaways. If you have questions for Steve, please send them to firstname.lastname@example.org.