10-Year Treasury

10-Year Treasury: a long term debt obligation that matures in 10 years; issued by the United States government. Interest is paid on a semi-annual basis and, at maturity the face value of the note is paid out to the holder. Treasury notes are state and local tax-exempt but are still taxable at the federal level. Treasury notes are also available in two, three, five and seven-year terms.

Source: Investopedia