US Treasury security
Noun
A government debt security issued and backed by the full faith and credit of the US government, including Treasury bills, notes, bonds, floating rate notes, Treasury inflation-protected securities (TIPS) and savings bonds
Synonym(s):
- Treasury; U.S. Treasury security.
Comment:
All US dollar-denominated markets, whether domestic, global or foreign, are priced in relation to equivalent-maturity issues of the US Treasury.