T-Bond (U.S. Treasury Bond)

T-Bond is the abbreviation for Treasury bond. T-Bonds are long-term bonds issued by the U.S. Treasury on behalf of and within the framework of financing the U.S. government. The interest rate levels applied to T-bonds serve as a benchmark for many issuers, including those outside the United States.

The maturity of T-bonds is generally between 10 and 30 years. The 10-year Treasury notes are the flagship debt securities on Wall Street. Investors consider this investment to be risk-free, as the default risk of the issuer, the United States, is almost zero.