The federal government raises huge amounts of money by issuing debt securities. Treasury bonds and treasury bills are the two main varieties buyers invest in. They both have the backing of the ...

Right now the spread (difference) between junk bond yields and yields on U.S. Treasury Bonds is about 4 percentage points. That’s a pretty big differential in today’s interest rate environment.

The first difference investors are likely to notice between corporate bonds and U.S. Treasury bonds is corporates yield more. For example, on June 30, 2022 the benchmark Treasury bond maturing in ...