What is a 10 year Treasury note?
A 10-year Treasury note is a loan obligation issued by the United States government that matures in 10 years.
It gives interest at a fixed rate every six months and gives the face value to the holder on maturity.
One advantage of investing in Treasury Notes and others
The 10-year federal government securities is that the interest payment is
Free from state and local income tax
However, income at the federal level is still taxable.
U.S. Treasury sells notes with two, three, five and seven years of words.
These notes can be purchased with treasury bills and bonds.
US Government directly through the Treasury Direct Website
With competitive or non-competitive bidding, one
Minimum purchase increased by $ 100 and $ 100
It can be purchased indirectly by a bank.
Or broker investors can choose to catch or sell treasury notes
There is no minimum ownership period