← All Auctions
Treasury Auction
2-Year Note
July 27, 2026
C-
Key Metrics
Offered
$69B
Bid-to-Cover
2.66
52th percentile
High Yield
4.315%
Tail
-1.5bp
57th pct (higher=worse)
Indirect
56.6%
28th percentile
Dealer
9.4%
Recent 2-Year Auctions
| Date | B/C | Tail | Indirect | Grade |
|---|---|---|---|---|
| June 23, 2026 | 2.64 | -5.1bp | 55.5% | C- |
| May 26, 2026 | 2.64 | —bp | 57.5% | D+ |
| April 27, 2026 | 2.65 | +3.2bp | 56.5% | D |
| March 24, 2026 | 2.44 | +10.6bp | 59.4% | F |
| February 24, 2026 | 2.63 | +2.5bp | 55.9% | D |