# Treasury Bond

*Markets & Instruments — Finicade finance glossary*

Debt issued by a national government, seen as the safest borrower in its own currency. Its yield is the 'risk-free rate' that nearly every other asset is priced against.

**Also known as:** government bond, treasuries, treasury-futures

**Related terms:** [Bond](https://finicade.com/glossary/bond), [Yield Curve](https://finicade.com/glossary/yield-curve), [Interest Rate](https://finicade.com/glossary/interest-rate)

**Taught in:** Hull Street — Interest Rate Futures

Source: https://finicade.com/glossary/treasury-bond