The use of tracking error specifications in quantitative feedback theory (QFT) design is discussed for multi-input, multi-output (MIMO) systems. These specifications bound the closed loop transfer function within a disk around some nominal (model) performance while preserving the QFT approach that allows treatment of highly structured (and unstructured) uncertainty. Because the specifications capture phase information, the level of over-design in certain MIMO QFT designs is reduced. The method presented allows independent, two-degree-of-freedom design.