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

Yields on short-dated Treasury notes have shot higher as investors dial back expectations for more Federal Reserve interest-rate cuts in 2026.

From MarketWatch

Benchmark 10-year Treasury note yields hit the highest levels in more than a month overnight, and traders are swiftly paring bets on a Federal Reserve rate cut later in the spring.

From Barron's

The yield on the 2-year Treasury note had been rising Monday on inflation fears after oil prices surged.

From The Wall Street Journal

Benchmark 2-year Treasury note yields, the most sensitive to changes in interest rate forecasts, have jumped nearly 18 basis points since last Friday’s close, and were at 3.566%.

From Barron's

Higher rates support the dollar by boosting the rate of return on Treasury notes and other dollar-denominated assets.

From Barron's