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'''Treasury bonds''' ('''T-bonds''') are long-term, fixed-interest debt securities issued by the [[U.S. government]], typically with maturities of 20 or 30 years.
'''Treasury bonds''' ('''T-bonds''') are long-term, fixed-interest debt securities issued by the [[U.S. government]], typically with maturities of 20 or 30 years. Bonds were popular during the two world [[war]]s and early [[Cold War]].
Since going off the [[gold standard]] in 1971, investors in government [[debt]] to finance the [[federal deficit]] much prefer shorter term [[T-bill]]s as a hedge against [[inflation]].
[[Category:United States Government]]
[[Category:United States Government]]