Which of the following statements about U.S. Treasury securities is true?
A)The interest earned on Treasury bills is fully taxable by states
B)All Treasury securities are considered to be risk-free
C)The maturities of Treasury bills, notes, and bonds tend to be different
D)More than one of the above is true

Question

Quizplus · Accepted Answer

Treasury bills (T-bills) have maturities of 91 and 182 days. The Treasury note, which is considered to be of intermediate term, generally has a maturity of 1 to 10 years. Treasury bonds are long-term in nature and mature in 10 to 30 years. U.S. government issues tend to be free of risk and therefore are given no attention by the bond-rating agencies.

Which of the Following Statements About U