Read on to see if Treasury bonds have a place in your portfolio.What is a Treasury bond?A Treasury bond, or "T-bond," is a debt issued by the U.S. government to raise money. When you buy a T-bond, you lend the federal government money, and it pays you a stated rate of interest until the loan comes due. These types of securities are fully guaranteed by the U.S. government, so the probability that you won't get your money back is extremely low. What is a Treasury Bond? Play Video A bond is...