What does the article mean by comparable treasury what does, Financial Management

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What does the article mean by comparable treasury what does

Bev NY, the maker of Budweiser and other beers, sold debt of varying maturities. According to an article in the Wall Street Journal...

Assumptions: The three-year notes priced with a risk premium of 0.50 percentage point over comparable Treasury; the five-year notes at a spread of 0.80 percentage point to Treasury, the 10-year notes at 1.05 percentage points over Treasury.

1. What does the article mean by "comparable" Treasury?

2. What does the article mean by a "risk premium"?

3. Why does the risk premium increase the longer the maturity of Anheuser-Busch debt? Please Explain.

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Financial Management: What does the article mean by comparable treasury what does

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