Treasury Note Definition

Treasury Note is a marketable U. S. government debt security that has a fixed interest rate plus a maturity between one and 10 years. Treasury notes can be bought either directly from the U. S. government or by having a bank. When buying Treasury note from the government, you can either devote a competitive as well as noncompetitive bid. With a competitive bid, you specify the yield you would like; however, this isn’t going to mean that your bid will probably be approved.