Which maturity range applies to Treasury notes?

• A. One to 10 years
• B. More than 10 years
• C. Zero to five years
• D. Five to fifteen years

Answer: (A)

Treasury notes are intermediate-term U.S. government securities with maturities from two to ten years. They sit between short-term bills and long-term bonds. Among the given options, the range that ends at ten years best matches this category, so describing notes as one to ten years is the closest fit in this set. The other options don’t fit as well: more than ten years would describe bonds, zero to five years misses the 7–10 year notes, and five to fifteen years extends beyond the true upper limit.