Close Navigation

Roll‑Down Return

Trading Term

The return a bond earns as it “rolls down” a normal upward‑sloping curve, meaning its yield falls as it approaches maturity. Roll‑down is a major component of total return in fixed‑income investing and a key reason investors hold intermediate maturities.

IBKR Campus Newsletters

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.