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        <title>UNITED STATES TREASURY NOTE/BOND</title>
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        <title>UNITED STATES TREASURY NOTE/BOND</title>
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        <lei>254900HROIFWPRGM1V77</lei>
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        <name>United States Treasury Note/Bond</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY NOTE/BOND</title>
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        <lei>254900HROIFWPRGM1V77</lei>
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      <invstOrSec>
        <name>US 10YR FUT OPTN  Nov23C 112</name>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>MERRILL LYNCH PIERCE FENNER &amp; SMITH INCORPORATED</counterpartyName>
              <counterpartyLei>8NAV47T0Y26Q87Y0QP81</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <futrDeriv derivCat="FUT">
                  <counterparties>
                    <counterpartyName>MERRILL LYNCH PIERCE FENNER &amp; SMITH INCORPORATED</counterpartyName>
                    <counterpartyLei>8NAV47T0Y26Q87Y0QP81</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>US 10YR FUT OPTN  Nov23C 112</name>
                    <lei>N/A</lei>
                    <title>TYZ3 UST 10YR FUT DEC 23</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <ticker value="TYZ3"/>
                    </identifiers>
                    <balance>0.000000</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>0.000000</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
                  </derivAddlInfo>
                  <payOffProf>Long</payOffProf>
                  <descRefInstrmnt>
                    <otherRefInst>
                      <issuerName>US 10YR FUT OPTN  Nov23C 112</issuerName>
                      <issueTitle>TYZ3 UST 10YR FUT DEC 23</issueTitle>
                      <identifiers>
                        <ticker value="TYZ3"/>
                      </identifiers>
                    </otherRefInst>
                  </descRefInstrmnt>
                  <expDate>2023-12-19</expDate>
                  <notionalAmt>N/A</notionalAmt>
                  <curCd>USD</curCd>
                </futrDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <shareNo>100000</shareNo>
            <exercisePrice>112</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-10-27</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-228343.140000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>US 10YR FUT OPTN  Nov23P 108</name>
        <lei>N/A</lei>
        <title>TYX3P    108 PIT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="TYX3P 108"/>
        </identifiers>
        <balance>-855.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-240468.750000</valUSD>
        <pctVal>-0.0050448699</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>MERRILL LYNCH PIERCE FENNER &amp; SMITH INCORPORATED</counterpartyName>
              <counterpartyLei>8NAV47T0Y26Q87Y0QP81</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <futrDeriv derivCat="FUT">
                  <counterparties>
                    <counterpartyName>MERRILL LYNCH PIERCE FENNER &amp; SMITH INCORPORATED</counterpartyName>
                    <counterpartyLei>8NAV47T0Y26Q87Y0QP81</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>US 10YR FUT OPTN  Nov23P 108</name>
                    <lei>N/A</lei>
                    <title>TYZ3 UST 10YR FUT DEC 23</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <ticker value="TYZ3"/>
                    </identifiers>
                    <balance>0.000000</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>0.000000</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
                  </derivAddlInfo>
                  <payOffProf>Long</payOffProf>
                  <descRefInstrmnt>
                    <otherRefInst>
                      <issuerName>US 10YR FUT OPTN  Nov23P 108</issuerName>
                      <issueTitle>TYZ3 UST 10YR FUT DEC 23</issueTitle>
                      <identifiers>
                        <ticker value="TYZ3"/>
                      </identifiers>
                    </otherRefInst>
                  </descRefInstrmnt>
                  <expDate>2023-12-19</expDate>
                  <notionalAmt>N/A</notionalAmt>
                  <curCd>USD</curCd>
                </futrDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <shareNo>100000</shareNo>
            <exercisePrice>108</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2023-10-27</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>186082.200000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>US 10YR NOTE (CBT)DEC23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="TYZ3"/>
        </identifiers>
        <balance>-647.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-617587.380000</valUSD>
        <pctVal>-0.0129565609</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>United States Treasury Note/Bond</issuerName>
                <issueTitle>US TREASURY N/B</issueTitle>
                <identifiers>
                  <isin value="US91282CHR51"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2023-12-19</expDate>
            <notionalAmt>-71219631.370000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-617587.380000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>US 10YR ULTRA FUT DEC23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="UXYZ3"/>
        </identifiers>
        <balance>764.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>52003.871579</valUSD>
        <pctVal>0.0010910057</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CITIGROUP GLOBAL MARKETS INC</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>United States Treasury Note/Bond</issuerName>
                <issueTitle>US TREASURY N/B</issueTitle>
                <identifiers>
                  <isin value="US91282CHC82"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2023-12-19</expDate>
            <notionalAmt>88655562.448421</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>52003.871579</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>US 10YR ULTRA FUT DEC23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="UXYZ3"/>
        </identifiers>
        <balance>509.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>34646.558421</valUSD>
        <pctVal>0.0007268611</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>United States Treasury Note/Bond</issuerName>
                <issueTitle>US TREASURY N/B</issueTitle>
                <identifiers>
                  <isin value="US91282CHC82"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2023-12-19</expDate>
            <notionalAmt>59065027.861579</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>34646.558421</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>US ULTRA BOND CBT DEC23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="WNZ3"/>
        </identifiers>
        <balance>21.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>36452.736064</valUSD>
        <pctVal>0.0007647535</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JP MORGAN SECURITIES LLC</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>United States Treasury Note/Bond</issuerName>
                <issueTitle>US TREASURY N/B</issueTitle>
                <identifiers>
                  <isin value="US912810SF66"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2023-12-19</expDate>
            <notionalAmt>2682391.013936</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>36452.736064</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>US ULTRA BOND CBT DEC23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="WNZ3"/>
        </identifiers>
        <balance>178.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>308980.334255</valUSD>
        <pctVal>0.0064821961</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CITIBANK N A</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>United States Treasury Note/Bond</issuerName>
                <issueTitle>US TREASURY N/B</issueTitle>
                <identifiers>
                  <isin value="US912810SF66"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2023-12-19</expDate>
            <notionalAmt>22736457.165745</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>308980.334255</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>US ULTRA BOND CBT DEC23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="WNZ3"/>
        </identifiers>
        <balance>178.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>308980.334255</valUSD>
        <pctVal>0.0064821961</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; COMPANY LLC</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>United States Treasury Note/Bond</issuerName>
                <issueTitle>US TREASURY N/B</issueTitle>
                <identifiers>
                  <isin value="US912810SF66"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2023-12-19</expDate>
            <notionalAmt>22736457.165745</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>308980.334255</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>US ULTRA BOND CBT DEC23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="WNZ3"/>
        </identifiers>
        <balance>20.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>34716.891489</valUSD>
        <pctVal>0.0007283366</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>United States Treasury Note/Bond</issuerName>
                <issueTitle>US TREASURY N/B</issueTitle>
                <identifiers>
                  <isin value="US912810SF66"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2023-12-19</expDate>
            <notionalAmt>2554658.108511</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>34716.891489</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>US ULTRA BOND CBT DEC23</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="WNZ3"/>
        </identifiers>
        <balance>73.000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>126716.653936</valUSD>
        <pctVal>0.0026584287</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>MERRILL LYNCH PIERCE FENNER &amp; SMITH INCORPORATED</counterpartyName>
              <counterpartyLei>8NAV47T0Y26Q87Y0QP81</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>United States Treasury Note/Bond</issuerName>
                <issueTitle>US TREASURY N/B</issueTitle>
                <identifiers>
                  <isin value="US912810SF66"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2023-12-19</expDate>
            <notionalAmt>9324502.096064</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>126716.653936</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2023-10-03</ncom:dateSigned>
      <ncom:nameOfApplicant>T. ROWE PRICE U.S. TREASURY FUNDS, INC.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
