U.S. Treasury
The U.S. Treasury refers to the Department of the Treasury, which is an executive department of the U.S. federal government responsible for managing national finances, including the production of currency, collection of taxes, and issuance of debt.
It oversees various agencies such as the Internal Revenue Service (IRS) and the Bureau of Engraving and Printing. The Treasury also advises on Fiscal Policy and economic matters.
Examples of U.S. Treasury instruments include:
- Treasury Bills (T-Bills): Short-term Securities that mature in one year or less.
- Treasury Notes (T-Notes): Medium-term Securities that typically mature in 2 to 10 years.
- Treasury Bonds (T-Bonds): Long-term Securities that have maturities of 20 to 30 years.
In cases of economic crisis, the U.S. Treasury may implement measures such as the Troubled Asset Relief Program (TARP) to stabilize financial markets.