Treasury note
A Treasury note is a loan you make to the United States government that lasts between two and ten years. The government pays you interest twice a year and returns your money when the time is up.
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Words beside it
- treasury
The part of the United States government that borrows money on behalf of the country by selling bonds and notes to investors. When you buy one, you are lending money directly to the federal government.
- Treasury bill
Government debt of a year or less, sold at a discount.
- Treasury Inflation Protected Securities
Treasury Inflation Protected Securities, or TIPS, are bonds sold by the United States government where the amount you are owed automatically increases when prices across the economy rise over time. This protects your savings from losing purchasing power as everyday goods become more expensive.
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