Effective rate of return bond
5 Dec 2019 The returns on a bond fluctuate relative to inflation. As inflation grows, the bond's effective rate of return decreases. For example, say you buy As of March 1, 2016, the daily effective federal funds rate (EFFR) is a volume- weighted median of transaction-level data collected from depository institutions in http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html. The rates are annual. So if you want log returns just take the log of 1+rft and divide by