Definition ∞ U.S. Treasurys refer to debt securities issued by the United States Department of the Treasury. These instruments, including Treasury bills, notes, and bonds, are considered among the safest investments globally. They represent a loan to the U.S. government, which promises to repay the principal along with periodic interest payments. Their yield serves as a benchmark for many other interest rates.
Context ∞ U.S. Treasurys are frequently discussed in the context of macroeconomic trends and their influence on digital asset markets. News reports might analyze how changes in Treasury yields affect investor appetite for riskier assets like cryptocurrencies. The perceived safety and liquidity of Treasurys often draw capital away from or towards riskier investments depending on market conditions. Their performance is a critical indicator for broader financial market sentiment.