The difference between a Treasury bill and a Treasury bond is that the bill

A) can be purchased by anyone, and the bond can be purchased by U.S. citizens only.
B) is insured, and the bond is not.
C) pays more than the bond.
D) pays no interest.
E) is short-term, and the bond is long-term.

Treasury Bill

A short-term government security issued at a discount from the par value and pays no interest, maturing in a year or less.

Treasury Bond

Long-term government debt securities with a fixed interest rate and maturity of more than 10 years.

Short-Term

A period of time that is relatively brief, usually focusing on immediate or near-future events or goals, often contrasted with long-term perspectives.