ISB ~ Colossians 2 v14

the bond:A list of charges filed against the sinful human family. Christ destroyed this legal certificate on the Cross, when he canceled our debt of guilt and won pardon for our crimes. Paul is probably thinking of the Mosaic Law, which, as the written expression of God’s precepts, pronounces divine curses upon sin (Deut 27:15-26). In this scheme, Jesus mounted the Cross to bear the curses of the Old Covenant so that the blessings of the New could flow forth to the world (Gal 3:1314). As a further benefit, Christ frees us from the ceremonial observances of the Old Covenant, which merely signified our need for salvation in the first place (Eph 2:14-16).