
The Most Important Number in Investing
Many Happy Returns
00:00
The Significance of Treasury Yields and the 10-Year Treasury Yield
This chapter explores the importance of treasury yields in the market, including their use as collateral and the role they play in defining risk-freeness. It specifically discusses the significance of the 10-year treasury yield in investing and borrowing transactions, highlighting its round number status, liquidity, and position in the yield curve.
Transcript
Play full episode