Dictionary of Banking Terms: long bond
long bond
benchmark against which other bonds are compared, for example the 10-year U.S. Treasury note or the 30-year U.S. Treasury bond; also, any widely traded bond with a current maturity (current time to maturity) of 10 years or more.
Dictionary of Business Terms: long bond
long bond
bond that matures in more than 10 years. Since these bonds commit investors' money for a long time, they are riskier than shorter-term bonds of the same quality and therefore normally pay investors a higher yield.
Dictionary of Finance and Investment Terms: long bond
long bond
in general, bond that matures in 10 years or more. Since these bonds commit investors' money for a long time, they normally pay investors a higher yield. In Wall Street parlance, the "long bond" is the 30-year Treasury, although none has been issued since 2001.
