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• Treasury note
  Treasury note

  noun

  a note or bill issued by the U.S. Department of the Treasury, receivable as legal tender for all debts except as otherwise expressly provided.
• treasury note
  treasury note

  noun

Treasury note

American  

Or treasury note

noun

1. a note or bill issued by the U.S. Department of the Treasury, receivable as legal tender for all debts except as otherwise expressly provided.

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treasury note British  

noun

1. 1. a medium-term interest-bearing obligation issued by the US Treasury, maturing in from one to five years

   2. Also called: currency note.  a note issued by the British Treasury in 1914 to the value of £1 or ten shillings: amalgamated with banknotes in 1928

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Etymology

Origin of Treasury note

First recorded in 1750–60

Example Sentences

The yield on the 2-year Treasury note, which is particularly sensitive to changes in the rate outlook, settled at 4.160%, its highest level since February 2025.

From The Wall Street Journal • Jun. 7, 2026

Treasury note could potentially climb back up toward 5%.

From The Wall Street Journal • Jun. 1, 2026

Treasury note, a key benchmark for mortgage rates and other borrowing costs, reached as high as 4.687% Tuesday, its highest intraday level since January 2025.

From The Wall Street Journal • May 20, 2026

Benchmark 10-year Treasury note yields jumped more than five basis points in overnight trading, pegging the paper at 4.535%, the highest in nearly a year.

From Barron's • May 15, 2026

A West Riding paper states that a postman picked up a pound Treasury note last week.

From Punch, or the London Charivari, Volume 159, July 21, 1920 by Seaman, Owen, Sir