Treasury note

or treasury 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. a note issued by a government treasury and generally receivable as legal tender for any debt, esp
   1. a medium-term interest-bearing obligation issued by the US Treasury, maturing in from one to five years
   2. Also calledcurrency 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

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.

From 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.

From New York Times

The benchmark 10-year Treasury note — perhaps the most important single benchmark in the global bond universe — jumped 0.7 percentage points since the start of the year.

From New York Times

Investors dumped Treasury notes on Tuesday amid concerns that the Fed will keep borrowing costs higher for longer.

From New York Times

In addition, the stock market is near a record high, and the yield on the influential 10-year Treasury note, at just above 4%, is well below its peak of nearly 5% last fall.

From Seattle Times