Chapter 1
The giant IOU machine
Chapter 2
Uncle Sam's piggy bank
Chapter 3
Corporate cash and municipal magic
Chapter 4
The yield curve and the economic crystal ball
YOUR GOAL
Master of The secret life of the bond market
Ch 2 · Uncle Sam's piggy bank
diego87 U.S. Treasury Bonds
We lend our cash to the Treasury (yes indeed!) / To build the highways across the land (mile by mile!) / Paid back with interest when they mature (guaranteed!)
diego87 During World War II, the US government sold War Bonds directly to citizens, turning regular Americans into patriotic investors.
diego87 US Treasury bonds are considered the world's safest investment because they are backed by the full faith of the US government.
BETA
diego87 Drag cash into Uncle Sam's piggy bank to learn how government bonds fund public projects.
Fun Fact
War bond starpower: During World War II, Hollywood stars like Judy Garland and Bugs Bunny helped sell billions of dollars in US War Bonds.
Glossary
treasury (noun)
A department or fund of a government in charge of receiving, keeping, and disbursing public money. The United States Treasury, established in 1789, manages the federal debt by issuing government bonds.
A department or fund of a government in charge of receiving, keeping, and disbursing public money. The United States Treasury, established in 1789, manages the federal debt by issuing government bonds.
Quiz
Why are US Treasury securities widely considered the safest investments in the world?
Quiz
In what decade did the US government introduce Series I Savings Bonds to the public?
Quiz
Which US Treasury security has the shortest maturity period, usually under one year?
Quiz
Approximately how many Americans purchased War Bonds to support the military during World War II?