Financial Trading Definitions
BOND 30 | BOND 30 |
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Bond 30 (US Benchmark 30 year Treasury Bond) is a debt obligation of the US government that is paid off after 30 years. It is considered to be a benchmark indicator of US interest rates.
When interest rates rise its market price decreases.The bond’s interest payments are fixed so a decrease in its market price means an increase in its yield. Interest payments are made every 6 months.
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