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Treasury Auction

10-Year Note

May 12, 2026

F

Key Metrics

Offered

$42B

Bid-to-Cover

th percentile

High Yield

Tail

bp

Indirect

Dealer

Recent 10-Year Auctions

DateB/CTailIndirectGrade
February 11, 20262.39+1.7bp64.5%C-
November 12, 20252.43bp67.0%C
August 6, 20252.35+3.5bp64.2%F
May 6, 20252.60-1.8bp71.2%B-
February 12, 20252.48+9.2bp71.5%D

10-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History