________ are obligations of the U.S. Treasury with common maturities of 91 to 182 days and that have a strong secondary market.
A) Treasury notes
B) Treasury bills
C) Federal agency issues
D) Banker's acceptances

Question

Quizplus · Accepted Answer

Treasury bills are short-term obligations of the U.S. Treasury with maturities of 91 to 182 days. They are considered safe investments and have a strong secondary market, meaning they can easily be bought and sold by investors. Treasury notes have longer maturities (usually 1 to 10 years) and Federal agency issues are debt securities issued by federal agencies, while banker's acceptances are short-term credit instruments used in international trade.

________ Are Obligations of the U