Yard

A yard is a unit of length in the United States and Canada. It is equal to 3 feet or 0.9144 meters. Yards are often used to measure the length of fabric, carpet, and other materials. They are also used to measure the distance between objects, such as the distance between two houses or the distance from a house to a mailbox.

In the financial world, yards are sometimes used to measure the distance between two stock prices. For example, a stock that is trading at $100 and a stock that is trading at $105 are said to be 5 yards apart. Yards can also be used to measure the distance between two bond yields. For example, a bond that is yielding 5% and a bond that is yielding 6% are said to be 1 yard apart.

Yards are not a very common unit of measurement in the financial world. They are more commonly used in the construction and manufacturing industries. However, they can be used to measure any distance, so they can be used in the financial world if needed.