Treasury note

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.

treasury note

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

Word History and Origins

Origin of treasury note¹

First recorded in 1750–60

Example Sentences

For many regional banks, one key ratio to watch is the difference between the yield on 5-year Treasury notes and the overnight rate set by the Fed’s targets.

Read more on The Wall Street Journal

It can influence the direction of longer rates, such as the yield on the 10-year Treasury note, but bond-market traders ultimately set those rates.

Read more on Barron's

Treasury notes and bonds: Yields hit a four-month high this month, though they are down on Wednesday.

Read more on New York Times

Investors have bought up 10-year Treasury notes in the past week, partly on optimism that the Fed will soon lower its prime lending rate.

Read more on New York Times

Car loans tend to track with the yield on the five-year Treasury note, which is influenced by the Fed’s key rate — but that’s not the only factor that determines how much you’ll pay.

Read more on New York Times