TreasuryDirect

With yields on some Treasury bills now reaching 5%, these assets have become increasingly attractive to investors. However, there are important aspects of the purchasing process that investors should be aware of, according to experts. Treasury bills, also known as T-bills, are short-term debt securities backed by the U.S. government that are nearly risk-free. These securities have maturities ranging from four to 52 weeks and pay interest at maturity, which is exempt from state and local taxes. As a result of the Federal Reserve’s series of rate hikes, T-bills have…