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The terminology Yield Spread is found to be useful quite normally. The yield spread is the difference in rates of returns of two different investments quoted, mostly of different credit quality. Bond investors use it to measure how expensive or cheap a specific bond can be or a group of bonds. The yield spread is the credit spread, simply the difference in yields between two bonds. The yield spread is a technique of comparing any two financial products. Simply put, it is a sign of the risk premium for investing in one investment product over another.

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Yield Spread – Paying Investors/Stockholders for Risk

Basically, the reason for this variance is that investors need payments to take risks. Normally saying, the greater risk a bond or asset class is the greater its yield spread. Investors generally don’t need a huge yield to tie up their cash if an outlay or an investment is low-risk. But market participants/contributors will claim sufficient reimbursement, i.e., a higher yield spread, to take the chance that their principal could decline. This is only possible if an investment is at higher risk.

The yield spread is useful to calculate the yield benefit of two or more similar securities with different maturities. Spread is extensively useful between the two & ten years treasuries which displays how much additional yield an investor can get by taking on the added risk of investing in long-term bonds.

Meaning of Yield Spread Movements

Generally, bond yields will rise as their prices fall and decline if the prices rise. A rising or growing spread shows that one sector performs better. For instance: let’s assume that the yield on a high-yield bond index moves from 6.0% to 6.5% while the yield on government treasury stays even at 3.0%. Therefore, the spread has moved from 3.0 percentage points i.e., 300 basis points, to 3.5 percentage points i.e., 350 basis points which shows that high-yield bonds underperformed government treasuries during this time. Therefore, if a bond or bond fund is paying an extraordinarily high yield, anyone holding that investment is also taking on more risk. As a result, investors should be conscious that merely selecting fixed-income investments with the highest yield will result in their taking on principal risk than they negotiated for.

Analysis

Yield spread analysis happens by associating the maturity, liquidity, and creditworthiness of two instruments or one security to a standard. While mentioning the “yield spread of A over B,” this states the return on investment percentage from one financial security categorized as A less than the return on investment percentage from another security categorized as B. Therefore, this means that the yield spread analysis is a procedure to relate or compare any financial securities for an investor to regulate his options by evaluating risk & return on investment.

When it comes to investing in several securities, analysis of yield spread helps investors and interested people understand the market’s movement. The investor can determine that the market is issuing more risk of default on the lower grade bonds if the spread is huge between bonds of diverse quality ratings. This shows that the economy is slowing down, and therefore the market is foreseeing a larger risk of default.

For Example:

The influence of yield instability on the business cycle

Yield instability and the conduct of embedded options

Transaction liquidity and yield instability

Yield Spread Premium

“Yield-spread premiums” is what creditors call them. Customer groups call them authorized kickbacks. Yield spread premiums are the money that mortgage dealers or lenders get for directing a debtor into a home loan with a higher interest rate. The YSP is the commission (fee) to the dealer by the mortgage lender in exchange for a higher interest rate or a beyond-market mortgage rate.

For example, Mortgage creditors often pay up to 2% as a YSP to mortgage dealers, so debtors should request the YSP way before the final price.

How YSP Works

For instance, let’s assume that Mathew needs to derive $200,000 towards purchasing a house. He obtains an estimate for a yield-spread premium credit with a 6% interest rate and -2.136 points, which means that he will obtain a $2,136 refund that he can apply to the loan’s final prices.

The substitute and other old-fashion credit structures for a similar volume might be a 4.5% credit and one point, which means the credit has a nominal interest rate, but the debtor needs to pay a $2,000 down payment for the loan.

Why Does YSP Matter? Yield Spread Infographics

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Why Chief Data Scientist Is Important For An Organization?

A chief data scientist bridges the gap between the organization and data scientists.

Organizations often engaged in conversations, where the role and deliverance by the data scientists are scrutinised under the lens of uncertainty. Often the topic about the necessity of chief data scientists is discussed amongst organizations. What most organizations fail to comprehend is, the profile of chief data scientist is not confined to work as an employee in the organization, but they unburden the Chief Technology Officers’ (CTO’s) job, by monitoring Data scientists Data scientists are one of the most valuable entities of an organization. They are the modern-day, data-hungry miners of the tech world, who can convert the data coal into valuable insights. They are researchers who explore every option, look at every algorithm before giving a green flag for the insights. Truthfully, in traditional organizations, the possibility of data scientists getting the required amount of guidance and monitoring by CTO becomes less. Ira Cohen, CTO of Anodot says , “The reason why you need a Chief Data Scientist in the first place is you need somebody who can bridge the gap between management and [the data scientists], and what machine learning can do and cannot do. You need somebody who understands what it is in a deeper form than a CTO, who might have a broader knowledge of a lot of things, but not necessarily machine learning.” The machine learning algorithm is backed by a huge amount of data. But the journey from harnessing data, deploying algorithms, and gaining valuable insights, is not exactly a smooth sale. Different departments have silos, which thwarts the trusts amongst different organizations. The outcomes are often not exactly according to people’s expectation. A part of chief data scientist’s job is to make sure that machine learning models are working well, and that data is transferred seamlessly. Data scientists experiment with data. They dug down the Rabbit hole , search for the problem, fix it and then provide insights. This often involves success and failures. The success of an organization is often driven by the capabilities of the data scientists. While some organizations provide room to data scientists to excavate, and experiment with data and seek a novel solution, many organizations consider this unnecessary. It is then the job of chief data scientists to embellish this aspect of data scientists and help them figure out the time management for data excavation. Ira adds , “When you’re a researcher, it’s very easy for you to go down rabbit holes. You go down lots of rabbit holes. I’ve had to pull my people out of rabbit holes. This is part of what we do. ‘You’ve done enough, pull out. If we have time, we’ll go down that rabbit hole again. But let’s move to the next hole.” This also impacts the confidence and enthusiasm of data scientists and helps them in building trust with the organization. Thus the job of chief data scientists has more to with monitoring the internal environment of a company than to observe the external infrastructure. To reap the maximum benefits from the capabilities of data scientists and to overcome the silos between different departments, organizations must consider keeping chief data scientists as part of an organization.

Things To Know About Starlink And Its Internet Services In Detail

Starlink: The new satellite internet venture of Elon Musk

Most of you might remember

Starlink

Starlink is the network of orbital satellites which is a division with SpaceX, which was developed in 2024, with initial prototype satellites which were launched into orbit in 2023.

Starlink services as of now

As of now, the connection is limited to the northwest US, parts of Canada, and the UK. But this is going to grow very soon in all parts of the world. The coverage is now focused between 45- and 53-degrees north latitude. Musk in an interview at Mobile World Congress early this year said that Starlink will hit worldwide availability except at the North and South Poles starting this August. But in June, SpaceX president Gwynne Shotwell said Starlink would reach global serviceability sometime this fall. He added, “We have successfully deployed 1,800 or so satellites, and once all those satellites reach their operational orbit we will have continuous global coverage so that should be like September”.  

Starlink and its connectivity

Like other internet providers, it also wants to sell its internet access across the globe, especially in rural areas. To avail of the service by just setting up a small satellite dish at your home to receive signals. It also has an app facilitating Android and iOS users to help customers pick the best location and position to receive signals, this is done using augmented reality. As of now, the services are just available in parts of the US, and Canada, but this service is likely to grow and reach more than 10,000 users. The company wants to be the high-speed internet-providing service in the world.  

Speed

The website of the internet company says, “Users can expect to see data speeds varying from 50 to 150 megabits per second and latency from 20 to 40 milliseconds in most locations over the next several months. As we launch more satellites, install more ground stations, and improve our networking software, data speed, latency, and uptime will improve dramatically”. To this, Musk also tweeted in February that he is expecting the service to double its top speed to 300Mbps by the end of 2023. Hope you all got the answer regarding the speed.  

Cost

The cost of the service as of now is $99 per month, plus taxes and fees along with an initial payment of $500 for the mountable

Why satellites and not fiber cable?

Even though fiber-optic cables are much faster than satellites, they can reach people of underserved long before fiber could ever do. The recent FCC filings also suggest that it could result in increasing phone services.  Musk in 2023 said that it could help SpaceX by generating revenue to fund long-held company projects to establish a base on Mars. Shotwell speaking about the company’s vision for Starlink said, “If you send a million people to Mars, you better provide some way for them to communicate. I don’t think the people who go to Mars are going to be satisfied with some terrible, old-fashioned radios, but they will want their iPhones or Androids on Mars”.  

Issues with Starlink’s internet

How To Configure Privacy In WordPress And Why It’s Important

When it comes to Privacy, Europe had been working strictly to make sure every website reveal how they are collecting data about the visitors.  The European Union’s General Data Protection Regulation (GDPR) takes effect on May 25. It requires the same i.e. companies and site owners to be transparent about how they collect, use, and share personal data. WordPress as a platform powers maximum number of websites around the world, and today they have rolled out version 4.9.6 is now available with Privacy as its main highlight.

GDPR also gives individuals more access and choice when it comes to how their own personal data is collected, used, and shared. WordPress has added a number of new privacy features in this release. Let’s have a look at it.

Configure Privacy in WordPress site

After an upgrade to WordPress 4.9.6, and if you are using the default theme of WordPress, you should see some changes right away.

Website owners can now create a dedicated privacy policy page using an inbuilt tool in WordPress.  While you can always use an existing page where you had mentioned everything, if you haven’t the template will include a format for most of the things that are recommended in European Union’s General Data Protection Regulation (GDPR).

This new page lets you add sections or which you collect data, and why you do it under the heading “What personal data we collect and why we collect it”. The section expands to

Comments

Media

Contact forms

Cookies

Embedded content from other websites

Analytics

Who we share your data with.

How long we retain your data.

Other information

How you protect data

What data breach procedures we have in place

What third parties we receive data from

What automated decision making and/or profiling we do with user data

Industry regulatory disclosure requirements

You will need to explain everything, and for most of the things, a template data is available which you can modify according to your website.

Apart from this, WordPress has also created a guide that includes insights from WordPress and participating plugins on how they handle personal data. The company recommends you to copy and past it into your site’s privacy policy to help you get started. Learn more in our Privacy section of the Plugin Handbook on wordpress.org.

Personal Data Export and Erasure

WordPress also includes a tool which allows you to export or erase personal data from your website. This tool will come in handy if at all it becomes necessary for you to do it.  While the data export is very simple as it allows site owners to export a ZIP file containing a user’s personal data, using data gathered by WordPress and participating plugins. Data Erasure is what is interesting.

So for example, if someone requests you to remove his data from your website, you can ask the email id which is with the website You then use this interface to get his confirmation. Once received, you can delete all his data. A confirmation is then sent across.

Why do you need follow this?

Under non-compliance, EU has authority to take fine from you in terms of money. It will start from a Warning to Reprimand to Suspension of data processing to Fine which could be Up to €20 million or 4% of global annual turnover. This is important for those doing business in EU, and for those outside, the companies connected with you would ask you to take proper action.

TIP: WordPress offers several plugins that you can use to make your blog GDPR compliant. A free one which is easy to implement among them is Quantcast GDPR Consent. You can configure it yourself here or download it from WordPress.org.

What Is Magacoin? Everything To Know About It

Welcome a new cryptocurrency to the market, MAGACOIN.

How would you feel when I say there is a

What is MAGACOIN?

MAGACOIN was made with an end goal to apparently communicate strong support for the previous President, Donald Trump, in the wake of his loss in the November 2023 political race. The total number of coins made till now is an affirmation of the 75 million who decided in favor of Trump in the elections. MAGACOIN thus carries on its shoulder the super weight of a major expectation since it is on the side of the competitors related with the Make America Great Again applicants. The returns from the new cryptocurrency will be diverted towards funding their future campaigns and races. This coin is different from other

Should You Invest in MAGACOIN?

Despite its goal and objectives, in any case, MAGAcoin isn’t yet listed among famous and trusted platforms including that of CoinMarketCap, Binance, and others. Further, according to RawStory’s report, despite the popularity and massive sign-ups of MAGACOIN, its users risk something and it is a data breach on their end. It was found that the MAGACOIN site uncovers user data including login credentials among others.

How would you feel when I say there is a new crypto coin , which is a Donald Trump-themed cryptocurrency? Funny, isn’t it? Well, then let’s welcome MAGACOIN. A lot has been happening around in the crypto world since the launch of MAGACOIN. Let’s explore more about it.MAGACOIN was made with an end goal to apparently communicate strong support for the previous President, Donald Trump, in the wake of his loss in the November 2023 political race. The total number of coins made till now is an affirmation of the 75 million who decided in favor of Trump in the elections. MAGACOIN thus carries on its shoulder the super weight of a major expectation since it is on the side of the competitors related with the Make America Great Again applicants. The returns from the new cryptocurrency will be diverted towards funding their future campaigns and races. This coin is different from other best cryptocurrencies to buy as MAGACOIN won’t hold an ICO (Initial Coin Offering), rather it will be parting with 100 coins to each new registrant to construct a powerful MAGACOIN ecosystem that will work together to get access to the crypto exchanges and backing the MAGA development. According to its website, 10 Million MAGACOINS have been given to the MAGACOIN Victory Fund, a SuperPAC made to help MAGA candidates across the nation who will battle for individual rights, religious liberty, protecting the unborn, the 2nd amendment, freedom of speech, and the entire America First Agenda. As MAGACOIN is acknowledged by crypto exchanges and the value of the SuperPAC’s coin holdings grows, these coins will be exchanged for U.S. Money and independent expenditures will be made to bolster MAGA candidates. The more prominent the value of each MAGACOIN, the more resources the MAGACOIN Victory Fund will have to support and choose MAGA applicants from one side of the country to the other. Lately, the country has been met with a ton of “far-right” movements in recent months, and this incorporates that of the Freedom Phone, which has been made for “free speech.” These far-right movements have been confronting gigantic popularity among the general population yet are blended in terms of support. The coin is additionally supposed to be available for mining, the alternative cycle of getting raw cryptocurrency.Despite its goal and objectives, in any case, MAGAcoin isn’t yet listed among famous and trusted platforms including that of CoinMarketCap, Binance, and others. Further, according to RawStory’s report, despite the popularity and massive sign-ups of MAGACOIN, its users risk something and it is a data breach on their end. It was found that the MAGACOIN site uncovers user data including login credentials among others. This is something that should be a warning for users, particularly as they can be accessed or have their cash taken from them by hackers. MAGACOIN is a genuinely new blockchain on the lookout and users should take precautions in case they are thinking of buying it. Moreover, Trump has not recognized the cryptocurrency or pronounced any apparent support. Trump hasn’t been exceptionally hopeful about crypto overall. He has even said that bitcoin appears to be a scam. And remember his extensive rant in 2023 on Twitter about crypto. One reason for his aversion toward cryptocurrency is their volatile nature and conflicting value due to which he doesn’t by and large belief them to be actual money.

How To Create Your Brand Story (& Why It’s Important)

Brand storytelling is a vital aspect of any successful marketing strategy. While it’s important to create content to increase traffic, the content must do more than provide customers with information about your products. With endless options out there, customers are looking to give their business to companies that resonate with their experiences, values, and goals.

Trust becomes more important than the products or services you offer.

This is where brand storytelling comes in. Stories trigger a response in our brains and invite us to make connections. Good stories stick with us and drive action.

In this post, we’ll explore:

The difference between a brand statement and a brand story.

Why you need to share your brand’s story.

How to create a brand story.

How to tell your brand story.

What Is a Brand Statement vs. a Brand Story?

A brand statement is a short statement of what your company does and how that solves your customers’ problems. A brand story is the accumulation of every touchpoint between customers and your brand.

A good brand story is a compelling and engaging narrative that puts your customers and their needs at the center. In a brand story, your customer is the main character. When they see themselves as a vital part of the story and your business (and your business as part of their story), you’ve made a genuine connection.

Why You Need to Share Your Brand’s Story

When you share your brand’s story with your customers, you build an emotional connection, establish trust, and encourage them to take action. Brand stories drive brand awareness and conversions by strengthening your relationship with the customer.

Your brand story will help you build an emotional connection with your customers.

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Your brand story helps you establish trust with your customers.

Eighty-one percent of people say that trust is a deciding factor when making a purchase. It is difficult for potential customers to trust a faceless organization. A brand story helps to humanize your brand by demonstrating how your attitudes, beliefs, and values connect with your customers.

A brand story encourages your customers to take action.

Related: See examples of brands using their story on their about us pages.

How to Build Your Brand Story

Creating your brand story is easier said than done and ties in many facets of your business. Use these five steps to create your brand story.

1. Define Who You Are

Before you turn your brand statement into a brand story, you need to write a brand statement. This is where you define who you are and what you offer. It may help to review your mission statement or write one if you haven’t already. A mission statement is written for the company and its employees; a brand statement is geared towards customers and clients.

A brand statement defines:

What your company does or the services they sell.

How your company does it. (This includes the Unique Value Proposition (UVP), or the unique products or services you offer.)

Why you do what you do. (This is the most important because it connects to your audience on an emotional level.)

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The three essential elements for any story are character, conflict, and revelation. By expanding your brand statement to follow the narrative structure, you can create a compelling, engaging, and memorable brand story that invites your prospects and customers to connect with your business.

(It’s also important to create a brand identity. Find out how to do that here!) 

Related: Find out how to define your brand purpose.

2. Make Your Story Compelling (Answer the “What?”)

To make your brand story compelling, establish the characters and conflict. This corresponds with the “What?” part of your brand statement.

You are not the main character of your brand story; your customers are. If you need to identify your target audience, create buyer personas. The conflict stems from the problems or pain points your customers are experiencing. Without a conflict, your story would be little more than a sales pitch. By showing you understand your customers’ challenges, you connect with your customers on a human level, rather than remaining a faceless business.

Your customer has likely already identified their problem before they visit your business. You might only need to confirm you can solve it or point out other issues they haven’t considered yet.

A good story always includes specific details. It may seem counterintuitive, but the more specific you are with your story’s details, the more universal the appeal is. Provide educational content, such as ebooks, blogs, or how-to webinars. Use case studies to show challenges your customers faced and how your company helped solve them.

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3. Make Your Story Engaging (Answer the “How?”)

To make your story engaging, set up a clear path for your potential customers to interact with your business. This corresponds with the “How?” of your brand statement.

Here you can provide insights and solutions to address these problems and promote your UVP. Your potential customers will see you as an expert who is genuinely concerned with them. This may include a FAQ page, product demonstrations, or informational articles or videos.

4. Make Your Story Memorable (Answer the “Why?”)

As any moviegoer will tell you, the ending is important. A surprising ending can transform a mediocre film into a great one, and a disappointing ending can leave the audience grumbling. The same is true for your brand story.

To make your story memorable, make your audience see things in a new light. This is the revelation of the story and where the “Aha!” moment lives. This corresponds with the “Why?” of your brand statement.

Answering the “Why?” shows how your products or services can address your customers’ needs. Just like in the brand statement, this is the moment you link your story to a larger value or principle that drives both you and your customers. The key is to invite the customer to make an emotional connection with your brand. You want them to think not only about the products you sell but how your products fit into the stories of their lives.

When you cause your customers to rethink something — about your company, your product or services, or even themselves and their needs — the experience is cemented in their minds. Customers link your business with that positive emotion.

Follow with a call to action. This may be to sign up for emails, request more information, or make a purchase.

Let’s take a moment to look at the brand story from my favorite bagel shop, Rosenberg’s:

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Not only are they solving my problem of wanting a bagel, but they are also addressing a need I didn’t know I had — I couldn’t get an authentic New York bagel in Denver! They do this by tapping into a larger value, tradition. As a customer, I feel I’m getting something both unique (for Denver) and traditional (even if it’s an NYC tradition), which adds to that bagel’s value. And they did this by transforming their About Us page into their brand story.

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5. Keep Your Story Consistent & Cohesive

To keep your brand story intact, write a short brand story from the elements you mapped out in the story arc. This serves as a focal point when creating content to make sure your story stays consistent and cohesive.

How to Keep Your Story Consistent

A brand story needs a consistent tone of voice. This tone should be authentic to you and your company and match your brand personality. If you are unsure of your brand personality, think about the customers you’d like to attract. Since customers are more likely to buy from brands that have personalities similar to their own, you can list the traits you notice in your customers and narrow it down to three to five adjectives.

If your university targets people who want a professional degree, like culinary, you might want to be:

Entrepreneurial

Driven

Efficient

If you target people interested in a STEM degree, maybe you are more:

Innovative

Ambitious

Experienced

When you create content, ask yourself questions like: What would my brand sound like? Is it formal, friendly, funny, or serious?

Use this tone for all your content, though you may need to adjust slightly for different media or audiences. A brand story is not about selling. It is part of a content marketing strategy rather than a sales pitch. Keep your tone authentic and honest to who you are.

How to Keep Your Story Cohesive

Your brand story should be consistent in each piece of content. If you notice the story starts to shift, go back and review your original story to see if it fits where your business is now. It may need retelling.

Read: Why Creating a Cohesive Brand Matters

How to Tell Your Brand Story

While your brand story needs to remain consistent and cohesive, you will need to adjust for different channels and audiences.

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1. Tailor Your Brand Story for Each Channel

You don’t want to put the exact same content on your site as you do on your social media platforms. These channels have their own set of customer expectations, so you want to fit your story within those guidelines. This is where you should consider how visuals and video can enhance your brand story.

2. Listen to Your Customers’ Feedback About Your Brand Story

Whenever we tell a story, we run the risk that the audience might see a meaning we didn’t intend. The same is true for a brand story. By listening to the stories your customers tell about your brand, you’ll see if your brand story is resonating with them the way you want. They may tell others about your business, post a review, or engage your business through social media.

3. Evolve Your Brand Story

The message you hear from customers becomes part of your brand story. If they write something that doesn’t fit with your brand story, you need to address and incorporate it. Responding with your authentic voice to your customers will reinforce your brand and help you maintain control of your story.

Get Started Sharing Your Brand Story with the World!

Every business – no matter how big or small – has a story that they can and should share with the world. By sharing your business’s mission statement as a carefully crafted brand story, you can connect authentically with those who are most likely to become your customer and give them a reason to keep coming back. Add storytelling into your brand strategy and let us know how it goes!

About the Author

Dani Rado has her Ph.D. from the University of Denver in creative writing and is an expert in storytelling. Dani is a writer, researcher, and marketing enthusiast. She is an avid cyclist and lives in Denver, Colorado.

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