By Investment U Research Team If you’re interested in debt securities, one of the first products you’ll need to get familiar with is a 10-year treasury note. What is a 10-year treasury note? On the surface, it’s one of the most stable types of debt securities out there—after all, it’s backed by the U.S. Government. It matures over a period of 10 years, and pays a dividend every six months during that period. After a decade, holders can redeem it for the face value of the note.
Even more important than its intrinsic value is its function. The 10-year treasury note is the gold standard …read more