Yield to Maturity vs. Coupon Rate: What's the Difference?

A bond's coupon rate is the interest earned on the bond over its lifetime, while its yield to maturity reflects its changing value in the secondary market.

Yield to Maturity vs. Coupon Rate: What's the Difference?
A bond's coupon rate is the interest earned on the bond over its lifetime, while its yield to maturity reflects its changing value in the secondary market.