AAPL 197.27 -2.4092% MSFT 377.38 -2.1647% NVDA 103.575 -7.6872% GOOGL 155.1178 -0.7627% GOOG 157.5 -0.7436% AMZN 176.61 -1.6593% META 511.55 -1.9117% AVGO 172.875 -3.3948% LLY 740.42 -2.2135% TSLA 245.57 -3.3607% TSM 151.88 -3.4641% V 334.95 -0.2561% JPM 231.255 -0.8043% UNH 590.895 1.2517% NVO 63.77 -1.1165% WMT 91.83 -2.2773% LVMUY 109.73 1.0312% XOM 105.09 1.9302% LVMHF 553.47 1.7389% MA 518.29 0.1759%
AAPL 197.27 -2.4092% MSFT 377.38 -2.1647% NVDA 103.575 -7.6872% GOOGL 155.1178 -0.7627% GOOG 157.5 -0.7436% AMZN 176.61 -1.6593% META 511.55 -1.9117% AVGO 172.875 -3.3948% LLY 740.42 -2.2135% TSLA 245.57 -3.3607% TSM 151.88 -3.4641% V 334.95 -0.2561% JPM 231.255 -0.8043% UNH 590.895 1.2517% NVO 63.77 -1.1165% WMT 91.83 -2.2773% LVMUY 109.73 1.0312% XOM 105.09 1.9302% LVMHF 553.47 1.7389% MA 518.29 0.1759%

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.