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Treasury yield

 
 
AlexR
 
Reply Mon 16 Dec, 2013 09:46 am
Hi,
I was reading The Wall Street Journal and didn't find the information on how the 10 year treasury yields are calculated. For example, it says the yield on 10 year treasury is 2.88. What does this number mean? Is it a for zero-coupon bonds?
Thank you.
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