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The article comes from ETF.com.A sleepy corner of the financial markets has suddenly become the center of attention. Treasury bonds aren’t known for being particularly exciting, but that has changed over the past year as their yields have risen to levels last since a decade and a half ago. For investors who want to get in on the excitement—or who just want to take advantage of the current high yields—there’s perhaps no better way to do so than with exchange-traded funds. What Are Treasury Bonds? Treasury bonds are debt securities issued by the U.S. federal government that are considered to be “risk free.” An investor in a Treasury bond will get paid back in full at the time of maturity. “Treasury bonds” is an umbrella term that refers to several different flavors
US Debt Limit - on to Part 2 - Vote & Approve. Looks like US Congress (Senate & House of Representatives) is going ahead with Memorial Day celebration on Mon (29 May) afterall. With the “deal” finally hammered out, it’s now left to be voted by the Senate (Democrat majority) on Wed (31 May), eve of original x-date (01 Jun) put forth by Treasury Secretary, Ms Janet Yellen. There is still a “slim” chance that it might not get “approved” at first reading. I wonder, which (if any) Senator will be sufficiently “bold & stupid” to put his/her head on the chopping board by voting against the deal during such tight rope times. Strangely enough, market was “quietly confident” that the standoff between Mr McCarthy & Mr Biden could be resolved as seen by the US market rallying to a “hea