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Treasury Auction

10-Year Note

August 7, 2024

F

Key Metrics

Offered

$42B

Bid-to-Cover

2.32

9th percentile

High Yield

3.960%

Tail

+6.0bp

100th pct (higher=worse)

Indirect

66.2%

18th percentile

Dealer

17.9%

Recent 10-Year Auctions

DateB/CTailIndirectGrade
May 8, 20242.49+1.3bp65.5%F
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-

10-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History