← All Auctions
Treasury Auction
10-Year Note
May 12, 2026
D+
Key Metrics
Offered
$42B
Bid-to-Cover
2.40
43th percentile
High Yield
4.468%
Tail
+4.8bp
67th pct (higher=worse)
Indirect
64.0%
14th percentile
Dealer
12.0%
Recent 10-Year Auctions
| Date | B/C | Tail | Indirect | Grade |
|---|---|---|---|---|
| February 11, 2026 | 2.39 | +1.7bp | 64.5% | C- |
| November 12, 2025 | 2.43 | —bp | 67.0% | C |
| August 6, 2025 | 2.35 | +3.5bp | 64.2% | F |
| May 6, 2025 | 2.60 | -1.8bp | 71.2% | B- |
| February 12, 2025 | 2.48 | +9.2bp | 71.5% | D |