May 08, 2008 • Page Image 45
…Ask the Expert The Scoop On Treasury Securities Can you explain the differ- ent U.S. Treasury securities and how I can buy them? Answer: Investors looking for "safe- ty-first" need to understand the differ- ences among Treasury bills, notes and bonds. Treasury bills are short- term instruments with maturities of no more than six months. Treasury bills function like zero-coupon Norton Stern bonds. Investors Columnist buy bills at a dis- count...…

















































