<p class="p__1">The U.S. government releases its own bonds from the treasury and from several government agencies. Those developing in less than one year are called T-bills. Bonds that grow in one to ten years are T-notes, and those that take more than ten years to mature are treasury bonds. In many cases, you do not need to pay state or local earnings taxes on the interest they make.</p>
<p class="p__2">Munis finance things like health centers, schools, power plants, streets, workplace buildings, airports, bridges and the like. Towns typically issue bonds when they need more cash than they gather through taxes. The good thing about municipal bonds is that you do not need to pay federal earnings