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10-year Treasury Note
What does it mean?
A debt obligation issued by the U.S. Treasury that has a term of more than one year, but not more than 10 years.
In Other Words...
Treasury notes bear a stated interest rate, and the owner receives semi-annual interest payments.
Treasury bills are short term obligations with a term of one year or less and Treasury bonds have a term of greater than 10 years.
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Related Terms
30 Year Treasury Bond | Bonds | Note | Off-the-run Treasuries | On-the-run Treasuries | Treasury Bill | Treasury Bond | Treasury Inflation Protected Securities (TIPS) | U.S. Treasury
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