Treasury Yield

The return on US government debt at a given maturity. The three-month bill is the standard short-rate proxy; the ten-year note is the conventional risk-free rate for equity valuation. The gap between short and long maturities is the yield curve, and its shape is read as a signal about growth and policy expectations.

Related Markets terms

Go further than reading

The written material is free. These are the ways to get it applied to your own work.

Browse the full glossary — 150+ finance recruiting and technical terms, in plain English.