PERHAPS you have been considering investing in bonds but don’t know where to begin. When reviewing a bond, one of the first factors to consider is its yield.

But what exactly does yield refer to? Depending on the context in which it is used, the term yield can have multiple definitions.

Marc A. Hebert, MS, CFP, is a senior member and president of the wealth management and financial planning firm The Harbor Group of Bedford. Email questions to Marc at Your question and his response might appear in a future column.

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