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Investing Glossary:
Governments
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| U.S. government-issued securities, such as Treasury bills, bonds, and notes, and savings bonds. Governments are considered among the safest Investments available as they are backed by the U.S. government. Also used to refer to Debt issues of federal agencies, which are not directly backed by the U.S. government.
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