10 year treasury
Definition
A U.S. Treasury note with a 10-year maturity, issued by the Department of the Treasury as a low-risk debt security to fund government operations; widely regarded as a benchmark for global interest rates.
Shorthand for the yield on the 10-year U.S. Treasury note, a key economic indicator reflecting investor sentiment, inflation expectations, and the health of the bond market—often moving inversely to stock prices.
Examples
The 10-year Treasury yield plunged today, sending bond traders into a celebratory dad-dance frenzy.
My grandma's portfolio is 90% 10-year Treasury—because nothing says 'retirement goals' like government IOUs that mature when you're collecting Social Security.
When stocks tank, savvy investors flock to the 10-year Treasury like it's the financial equivalent of a cozy bunker.
Economists obsess over the 10-year Treasury curve like it's a steamy soap opera plot twist.