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Ten Year Bond Definition
Thursday, September 26, 3:24 PM ET

The Ten Year Bond, or Ten Year Treasury is debt issued by the US government which matures in ten years. The fixed rate note pays interest one time every six months, until maturity, at which time it pays the holder face value. Interest is exempt from state and local income tax.

For MarketNewsVideo.com, I'm Sayoko Murase.

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