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Treasury Auction

10-Year Note

May 8, 2024

F

Key Metrics

Offered

$42B

Bid-to-Cover

2.49

38th percentile

High Yield

4.483%

Tail

+1.3bp

100th pct (higher=worse)

Indirect

65.5%

13th percentile

Dealer

15.7%

Recent 10-Year Auctions

DateB/CTailIndirectGrade
February 7, 20242.56+0.3bp71.0%D+
November 8, 20232.45-6.1bp69.7%D+
August 9, 20232.56-2.1bp72.2%C-
May 10, 20232.45-8.2bp67.5%C-
February 8, 20232.66-5.7bp79.5%A

10-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History