PART III
BOND CATEGORIES
In Part III, we describe what may seem like a dizzying array of bond choices. It is your guide through the maze so that you can increase your wealth. We want your money to work as hard as you do, to put in overtime chugging out interest while you sleep. We want you to rest easy, knowing that you have invested wisely and that your funds will be there to take care of you and the people you love.
The United States has the largest debt market in the world, with more than $14 trillion in outstanding government debt alone. Through the credit markets, loans are sold in the form of Treasury debt and Treasury inflation-protected securities, while government agencies package housing loans into bite-size securities. The agencies ...
