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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 down to 4.454%—from 4.480% Wednesday and almost 4.7% earlier in the month.

From The Wall Street Journal • May 28, 2026

Bond yields have risen on inflation fears, with the 10-year Treasury note hovering near 4.5%.

From Barron's • May 28, 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

"I would draw your attention, sir, to the fact that this Treasury note is one of the first issue—printed in black on white paper," remarked Superintendent Galloway to his superior officer.

From The Shrieking Pit by Rees, Arthur J. (Arthur John)