Treasury notes with a maturity of six months or less that are issued by the federal government are cash equivalents.

Name: Treasury notes with a maturity of six months or less that are issued by the federal government are cash equivalents.
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Treasury notes have maturities ranging from 2 to 10 years. Treasury bills, not notes, are the short-term securities with maturities of one year or less and can be considered cash equivalents.

Treasury Notes with a Maturity of Six Months or Less