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 10-year Treasury note, which rises when prices fall, edged higher to 4.316%.

From The Wall Street Journal • Apr. 10, 2026

At the same time, falling bond prices have driven up the yield on the 10-year Treasury note by almost 0.5 percentage point, lifting borrowing costs throughout the economy.

From The Wall Street Journal • Mar. 29, 2026

One consequence of that backdrop is that yields on short-dated government debt, like the 2-year Treasury note, will be “extremely volatile,” Hu said.

From MarketWatch • Mar. 26, 2026

Benchmark two-year Treasury note yields, the most-sensitive to changes in interest rate forecasts, have risen nearly 50 basis points since the start of the war and were last marked at 3.863%.

From Barron's • Mar. 20, 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)