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Treasury Notes

It feels nice to have a little surprise waiting for you at the end of the day.

Treasury Notes (or T-Notes) are similar to bonds, but the length of maturity is typically shorter. The terms range from 2-10 years with a fixed interest rate. Since the term length is shorter than a bond, the interest rate is usually lower than what you’d find with a bond. The income from T-Note interest payments is federally taxed but it is not taxed at the state or local level.

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