A 10 - year treasury note pays interest at a fixed rate once every six months and pays the lender at maturity. (studentloans.net)
The government interest rates are tied to the previous auction of the ten year treasury note rather than tied to the market. (studentloans.net)
Investing resources into a 10 year treasury note is often considered favorable due to federal government securities being exempt from state and local income tax. (investing.com)