# 🥔 Treasury Bond

By [Let Them Eat Cake](https://paragraph.com/@ltecake) · 2022-06-21

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**TL,DR: Like a potato, treasury bonds are reliable and long lasting**

Treasury Bond / Potato

*   long lasting
    
*   reliable during times of crisis
    
*   lacking excitement or nutritional value
    
*   practical
    

Eatamology

Bonds issued by the treasury.

Financials Issued by the U.S. Treasury, T Bonds mature in 10 to 30 years, making the long term investments that reward investors with higher interest rates. Interest rates on 30 year maturities have reached historic lows recently, dipping well below 2% as of publication. They carry little to no risk of default due to the “full faith and credit” clause, but do have a high degree of interest rate risk. These bonds are found on the long end of the “the curve”, where interest rates are typically higher, but sometimes invert and create market paranoia.

The Curve / Red Wine The Curve refers to the yield curve, which typically gets better with age. The longer you wait, the better the product should taste.

Inverted Yield Curve / White Wine When the yield curve inverts, short term products yield more than long term products. In these scenarios, only white wine makes sense.

Nutrition Facts Price: Par Issue Frequency: bi-weekly Maturity: Long Interest/Coupon Amount: Low - Medium Coupon Type: Fixed or Zero Yield: Low - Medium Tax Status: Tax Exempt

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*Originally published on [Let Them Eat Cake](https://paragraph.com/@ltecake/treasury-bond)*