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Treasury Auction
5-Year Note
May 27, 2026
C
Key Metrics
Offered
$70B
Bid-to-Cover
2.34
25th percentile
High Yield
4.182%
Tail
-0.8bp
30th pct (higher=worse)
Indirect
74.8%
83th percentile
Dealer
12.8%
Recent 5-Year Auctions
| Date | B/C | Tail | Indirect | Grade |
|---|---|---|---|---|
| April 27, 2026 | 2.33 | +3.5bp | 72.3% | D+ |
| March 25, 2026 | 2.29 | -5.0bp | 61.9% | D |
| February 25, 2026 | 2.32 | +0.5bp | 62.5% | D |
| January 27, 2026 | 2.34 | +0.3bp | 60.7% | D+ |
| December 23, 2025 | 2.35 | +3.7bp | 59.5% | D- |