In economics, is a government bond considered a "store of value"? Also, does it fall in the M2 category?

Answer 1

It is not liquid enough to be M2. It stores value in a practical sense, but the longer the term the more risky it becomes, so it does not really fit the text book definition of stored value for money, but money does fit the definition either.

Answer 2

Supposedly, the 'inflation-protection' bond is not a store of value either, its ytd increase to last Friday being .49% (i.e. > 1/2%) Neither would the incremental value of this instrument be a store of value, with their evident lack of protection from the fiddling around with the Fed Fund and the profligate printing of currency to pay bills. 'Store of value' has gone the way of the Silver Dollar.

Answer 3

In economics, yes. It's considered same level as money.