10-Year Treasury Note

The 10-Year Treasury Note is a government bond issued by the U.S. Department of the Treasury, which investors buy to lend money to the government for ten years. In return, the government pays interest, known as the coupon, typically every six months. This note is considered a low-risk investment because it is backed by the U.S. government. It's an important economic indicator; changes in its yield often signal investor confidence or economic conditions. Many other interest rates, like those for mortgages, are influenced by the 10-Year Treasury Note's yield.