2.11. U.S. Treasury Securities

The United States government, and its various agencies, is the world’s largest debtor. Because the U.S. is a country with a long history of economic and political stability, securities issued by the U.S. government are generally perceived to be among the safest of investments, if not the safest investments, in the world. A U.S. Treasury guarantee of timely interest and principal payments is considered “as good as gold” by most inv