long bond

long bond definition - finance
Another name for the 30-year Treasury bond. It derives its name from the fact that it has the longest maturity on the Treasury yield curve, which ranges from the 3-month Treasury bill up to the 30-year bond. See also Treasury bonds.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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