In a word, a U.S. Treasury bond (often called a T-bond) is a fixed-interest debt security issued by the U.S.
Any of the various series of bonds issued by the U.S. Treasury, usually maturing over long periods
Treasury Department to raise funds to finance Uncle Sam’s spending requirements long-term obligation of the US Treasury having a maturity period of more than ten years and paying interest semiannually.
Treasury bonds are issued for terms of 30 years. They were reintroduced in February 2006
Investors receive the face amount of the bond at maturity.
The market price of a treasury bond may be higher or lower than the face amount, depending on the rate paid by the bond compared to prevailing market interest rates.