When we say that U. S. Treasuries act as benchmark bonds we mean that yields on other bonds are measured in terms of the over Treasuries.

Acm ruler with main graduations from 1 to 10 from left to right there are 10 secondary graduations between each of the main graduations there is a line that begins. at the left end of the ruler 10 secondary graduations to the left of the “1 main graduation the right end of the line ends on the eighth secondary graduation to the right of 3 how long is the line