30-Year Treasury

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30-Year Treasury

A debt security owed by the United States government for a period of 30 years. Each 30-year Treasury 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 30-year Treasury interest rates as indicative of the state of the wider bond market. Normally, the interest rate decreases with greater demand for 30-year Treasury securities and rises with lower demand. As with other U.S. Treasury securities, 30-year Treasuries are negotiable and may be traded on an exchange or over-the-counter. See also: yield, bond, treasury note, treasury bond, treasury bill.
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Equity Indexes 10/31/2015 YTD Return S&P 500 2,079 1.00% Dow Jones Industrials 17,664 -0.90% NASDAQ Composite 5,054 6.70% NYSE Composite 10,461 -3.50% Dow Jones Total Stock Market 21,505 0.40% Dow Jones Transports 8,128 -11.10% Dow Jones Utilities 581 -6.10% Selected Interest Rates 10/31/2015 8/31/2015 Fed Funds Rate 0.07% 0.07% 3 Month Libor 0.33% 0.33% Prime Rate 3.25% 3.25% 15 Year Mortgage 2.98% 3.36% 30 Year Mortgage 3.76% 4.20% 1 Year ARM 2.54% 2.43% 3 Month Treasury Bill 0.08% 0.00% 3 Year Treasury Note 1.05% 0.92% 30 Year Treasury Bond 2.93% 2.87% 10 Year Inflation Indexed Treas.
On March 14, 1994, and the next trading day, on March 15, 1994, the price of the 30 year treasury bond fell a 3/4 of a point, driving up the yield from 6.76 to 6.89 percent.
Yields on the 30 year Treasury bonds began the year below 60 percent and started its continuous ascent in mid-February to above seven percent by the beginning of May.