Treasury Notes
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Treasury Notes
The history of U.S. Treasury Notes dates back to the 19th century, when they were first issued to fund government expenses and stabilize the economy. Initially, these notes were, in essence, promissory notes, backed by the federal government’s promise to pay the face value at a specified future date.
Over time, Treasury Notes evolved into a vital tool for regulating the U.S. economy and managing national debt. Today, they come in various forms, namely: Bills, which are short-term securities with maturities of one year or less; Notes, medium-term securities with maturities between 2 to 10 years; and Bonds, long-term securities with maturities of 20 to 30 years.