Treasury Direct

Tired of waiting in line at your local U.S. government bond stores? Fed up with the hassle of packing large stacks of Treasury notes in the trunk of your car? Well, we've got a solution for you: Treasury Direct!

The term refers to the government's online platform for selling Treasury securities. Investors can purchase things like savings bonds, TIPS, and all maturities of Treasury securities (bills, notes, and bonds).

The "direct" part refers to the fact that you don't have to buy the securities through a bank or other facilitator, which was often the process before the advent of the system. Instead, investors can buy the securities directly from the government. The securities are sold through periodic auctions.