Treasury bonds are U.S. government debt securities. They're considered very low risk since the government backs them. Treasuries include bills (up to 1 year), notes (2-10 years), and bonds (20-30 years). Interest is federally taxable but state-tax exempt.
Example
A 10-year Treasury note is a common benchmark for risk-free rate.
Subscribe for simple financial insights and product updates. No spam, ever.
No spam, ever. Unsubscribe anytime.