Also called Treasuries, sometimes called Governments and, in market slang, govies. The latter two terms are often used to include government securities in addition to those issued by the Treasury. Debt issues of the United States Treasury consist primarily of Treasury bills (T-bills), Treasury notes (T-notes), and Treasury bonds (T-bonds).
Unsystematic risk
Diversifiable risk or residual risk, which is specific to a security and can be removed through diversification. It is the variability of a security’s total returns, which is not related to the overall market variability.
Upward sloping yield curve
Also called an ascending yield curve. The normal shape of the yield curve when short maturity instruments have lower yields than long maturity instruments.
