[Verse 1] Uncle Sam's treasury vault holds promises in paper form Bills mature in weeks or months, notes stretch out to years Bonds extend a decade plus, locked rates through any storm T-Bills sold at discount price, full face value clears [Chorus] Bills Notes Bonds, remember the song Short Medium Long, that's how they belong Triple-A rating, safest bet around Government backing, rock-solid ground Bills Notes Bonds, sing it along Treasury ladder, can't go wrong [Verse 2] Foreign nations issue debt, sovereign bonds across the sea Credit ratings tell the tale of countries' fiscal health Developed markets typically earn investment grade decree Emerging markets higher yields but riskier for wealth [Chorus] Bills Notes Bonds, remember the song Short Medium Long, that's how they belong Triple-A rating, safest bet around Government backing, rock-solid ground Bills Notes Bonds, sing it along Treasury ladder, can't go wrong [Bridge] Default risk near zero for the USA Currency risk when buying foreign pay Liquidity flows like rivers deep and wide These paper promises never hide [Verse 3] Portfolio anchors in turbulent seas Flight to quality when markets freeze Benchmark yields set interest tone Government debt stands alone [Chorus] Bills Notes Bonds, remember the song Short Medium Long, that's how they belong Triple-A rating, safest bet around Government backing, rock-solid ground Bills Notes Bonds, sing it along Treasury ladder, can't go wrong [Outro] From Washington's mint to Tokyo's hall Sovereign debt secures us all
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