longer-term interest rates

What is longer-term interest rates?

longer-term interest rates definition and meaning on Finance terms:
The rates of interest or the yield on interest-bearing financial assets with a relatively long period to maturity, for which the yield on government bonds with a maturity of ten years are often used as a benchmark. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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