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On October 7, 2020 theWall Street Journal contained a price quote of$153.2040 (per $100of FV) for a US Treasury bond that matures on November 15,
On October 7, 2020 theWall Street Journal contained a price quote of$153.2040 (per $100of FV) for a US Treasury bond that matures on November 15, 2040 and that pays a coupon rate of 4.25% (semiannually). The WSJ lists the corresponding bond yield as 1.230%. Do your own bond yield computation and compare the result with the WSJ number. Are they close? Exactly the same? If there is a difference, what do you think causes this?
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