Treasury Bond
A Treasury Bond is a long-term debt security issued by the U.S. Department of the Treasury. It is used to finance government spending and obligations. Investors purchase these bonds, effectively lending money to the government, which promises to pay back the principal amount along with interest over a specified period, typically 20 to 30 years.
Treasury Bonds are considered low-risk investments because they are backed by the full faith and credit of the U.S. government. They pay interest every six months until maturity, making them an attractive option for those seeking stable income and capital preservation.