Long Bond Term category: Bonds In 10 words or less: The name given to a bond that matures in more than 10 years.
Definition: A bond that matures in more than 10 years. The term "long bond" typically refers to the 30-year treasury bond.
StockJargon Advice: Because bonds with longer maturity face greater risk of changing interest rates (and greater default risk, as well), they typically pay higher interest rates. This can be seen by taking a look at the yield curve.
Related Articles
Bonds, Notes, and Bills There are three different names for treasury securities based on their maturities. This article explains them.
Are Bonds Risk Free? The truth is that there are risks to investing in bonds and investors should be aware of them...