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Treasury Auction
5-Year Note
July 27, 2026
F
Key Metrics
Offered
$70B
Bid-to-Cover
2.28
0th percentile
High Yield
4.408%
Tail
-2.2bp
26th pct (higher=worse)
Indirect
59.2%
4th percentile
Dealer
13.5%
Recent 5-Year Auctions
| Date | B/C | Tail | Indirect | Grade |
|---|---|---|---|---|
| June 24, 2026 | 2.35 | -7.0bp | 61.6% | C- |
| May 27, 2026 | 2.34 | -0.8bp | 74.8% | C |
| 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 |