← All Auctions

Treasury Auction

10-Year Note

October 7, 2026

A

Key Metrics

Offered

$39B

Bid-to-Cover

2.77

100th percentile

High Yield

5.300%

Tail

+3.0bp

38th pct (higher=worse)

Indirect

80.3%

100th percentile

Dealer

2.5%

Recent 10-Year Auctions

DateB/CTailIndirectGrade
September 9, 20262.71+3.4bp79.2%A
August 12, 20262.53-1.7bp76.7%A
May 12, 20262.40+4.8bp64.0%D+
February 11, 20262.39+1.7bp64.5%C-
November 12, 20252.43—bp67.0%C

10-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History