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English definition of “Treasury bond”

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Treasury bond

noun [C]
 
 
( also T-bond, also Treasuries [plural]) FINANCE, GOVERNMENT
a US government bond of more than 10 years that makes interest payments every six months: The benchmark 30-year Treasury bond's yield dropped 13 basis points to 6.91%.
(Definition of Treasury bond from the Cambridge Business English Dictionary © Cambridge University Press)
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