AAPL 214.0 0.2389% MSFT 388.7 0.036% NVDA 119.53 -1.7589% GOOGL 164.29 -0.7251% GOOG 166.57 -0.6264% AMZN 195.74 -1.1164% META 604.9 -0.4444% AVGO 194.5 -0.5319% LLY 824.76 1.3866% TSLA 238.01 -4.7884% TSM 176.24 1.235% V 334.55 0.8288% JPM 233.93 0.641% UNH 499.02 2.1222% NVO 80.15 3.8885% WMT 87.46 2.4722% LVMUY 133.7 1.1576% XOM 113.76 1.6622% LVMHF 671.5 1.3279% MA 531.99 0.8244%
AAPL 214.0 0.2389% MSFT 388.7 0.036% NVDA 119.53 -1.7589% GOOGL 164.29 -0.7251% GOOG 166.57 -0.6264% AMZN 195.74 -1.1164% META 604.9 -0.4444% AVGO 194.5 -0.5319% LLY 824.76 1.3866% TSLA 238.01 -4.7884% TSM 176.24 1.235% V 334.55 0.8288% JPM 233.93 0.641% UNH 499.02 2.1222% NVO 80.15 3.8885% WMT 87.46 2.4722% LVMUY 133.7 1.1576% XOM 113.76 1.6622% LVMHF 671.5 1.3279% MA 531.99 0.8244%

Yield equivalence

Updated on August 29, 2023

Yield equivalence is important to municipal bond investors and is defined as the rate of interest on taxable security that would produce a return equivalent to the return of security which is tax-exempt, and vice versa. It is the yield a taxable investment would have to provide to equal the tax-free yield on a municipal bond.