T-bills and Treasury bonds are guaranteed by the full faith and credit of the United States and are therefore default-free.

Name: T-bills and Treasury bonds are guaranteed by the full faith and credit of the United States and are therefore default-free.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

T-bills and Treasury bonds are backed by the full faith and credit of the United States government, meaning that the government guarantees to pay back the principal and interest. Therefore, they are considered default-free.

T-Bills and Treasury Bonds Are Guaranteed by the Full Faith