10-year Treasury Note
A debt obligation issued by the U.S. Treasury that has a term of more than one year, but not more than 10 years.
Investopedia Commentary
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.
See also: 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
Also spelled: US Treasury, 10 Year Treasury
