Current Yield is a financial metric used to assess the income generated by an investment, particularly bonds or fixed-income securities. It is calculated by dividing the annual interest payment by the current market price of the investment. This helps investors understand the return they can expect based on the current price rather than the original purchase price. For example, if a bond pays $50 annually and is currently priced at $1,000, the Current Yield would be 5%. This measure is useful for comparing different investments and determining which ones may offer better returns based on their current market values.