A bond with a maturity date of 10 years or longer. The 30-year Treasury bond is the longest bond issued by the U.S. government and typically pays the highest yield because the investor's money is tied up for a longer term and thus exposed to increased risk from fluctuating interest rates.
Browse by Subjects
See All Related Terms »
net asset value (NAV)
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):