Yes, but it depends. With a higher coupon rate, an investor gains more interest payments, hence attracting him or her with higher returns on the bond issued. However, there are other variables to think about: the creditworthiness of the bond's issuer, the current market interest rates, and inflation. For example, if the issuer of this bond happens not to be reliable, its high coupon rate may mean more risk. In addition, bonds with higher coupon rates could be priced high at the market, which may eventually affect overall returns.