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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

Treasury note yield settled at 4.595%, its highest closing level since February 2025.

From The Wall Street Journal • May 15, 2026

Treasury note was above 6% while today it’s below 4.4%.

From The Wall Street Journal • May 7, 2026

Benchmark two-year and 10-year Treasury note yields moved modestly higher in early Monday trading, and were changing hands at 3.788% and 4.314% respectively, heading into the start of an exceptionally active week on Wall Street.

From Barron's • Apr. 27, 2026

OMB forecasts the benchmark 10-year Treasury note yield will drop from 4.3% in 2025 to 3.4% by 2029, and stabilize at 3.3% thereafter.

From Barron's • Apr. 10, 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