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T-Notes

Categories: Bonds, Muni Bonds

You're always lending money to your BFF, so why not lend to Uncle Sam and actually make money from it?

T-notes are Treasury securities that let you invest in federal debt. These have a maturity date of 2, 3, 5, or 7 years.

What happened to 4 years and 6 years? No one knows. They just don't exist.

Find other enlightening terms in Shmoop Finance Genius Bar(f)