What is the term length of Treasury notes?

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Treasury notes are government debt securities issued by the U.S. Department of the Treasury with a fixed interest rate and a specific maturity period. The term length for Treasury notes ranges from 2 years to 10 years. These notes provide investors with the opportunity to earn interest over this time frame while also contributing to funding governmental operations and obligations.

The interest on Treasury notes, known as the coupon, is paid semiannually, making them a popular choice for investors seeking steady income over the medium term. The defined range of 2 to 10 years highlights the unique role of Treasury notes in the broader spectrum of U.S. government securities, standing apart from Treasury bills (which have shorter maturities) and Treasury bonds (which have longer maturities).

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