10y bond is the benchmark point

来源: 2024-10-23 09:07:07 [旧帖] [给我悄悄话] 本文已被阅读:

Typically, lenders will add a spread (1.5 to 2%) on top of this benchmark.

The reason we keep talking about 20Y bond is that TLT is a collection of bonds with 17yr average maturity, and hence 20Y bond is the closest reference point

Otherwise, 20Y bond has no significant meanings