Treasury Bonds
Also known as T-bonds, these are debt obligations issued by the U.S. government. They have a fixed interest rate, which is paid semi-annually and have a maturation date of greater than 10 years. Advantages of the T-Bond include its backing by the U.S. government, the fact that the semi-annual payments are only taxed on the federal level, and the ability to resell the bonds on the secondary market. T-Bonds, like T-Bills are considered very safe investments and are useful for investors looking for a safe, steady stream of income.
Synonyms:
T-Bonds