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On the run

• The most recently issued (and, therefore, typically the most liquid) government bond in a particular maturity range.

 
 Embedded terms in definition
 Bond
Government bond
Maturity
Range
T bond
 
 Related Terms
 

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Great spirits have always found violent opposition from mediocrities. The latter cannot understand it when a man does not thoughtlessly submit to hereditary prejudices but honestly and courageously uses his intelligence. - Albert Einstein

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