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gberger
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How to interpret the interest rate of treasury notes?

I am new to investing in the US and money terms in English, so forgive me if this is a stupid question.

From this table, I can see, for example, that the most recent 2-year treasury note sale had an interest rate of 0.625%.

Is this a monthly, quarterly, semesterly, or yearly interest rate?

gberger
  • 165
  • 4