10-Year Treasury Note

(redirected from 10 Year Treasury Note)

10-Year Treasury Note

A debt owed by the United States government for a period of 10 years. Each note has a stated interest rate, which is paid semi-annually. Because the United States is seen as a very low-risk borrower, many investors see 10-year Treasury Note interest rates as indicative of the wider bond market. Normally, the interest rate decreases with greater demand for the Notes and rises with lower demand. For example, in December 2008, 10-year interest rates were the lowest in history due to deteriorating economic conditions and the consequent desire of investors for low-risk investments. See also: yield, bond, treasury note, treasury bond, treasury bill.
References in periodicals archive ?
27, 1995, at 200 basis points over the 10 year Treasury note.
869%, representing a spread of 140 basis points over the yield on the 10 year Treasury note.
The notes were oversubscribed and priced at 80 basis points over the 10 year Treasury note.
Other benchmarks for Direxion Funds products include the Dow Jones Industrial Average and the returns of 10 year treasury notes, high yield bonds, and commodities.