The Fiscal DeskFiscal policy. Monetary plumbing. Public data.
Independent research desk
Frameworks by James Lavish / Independent & unaffiliatedData as of Tue 22 Sept 2026, 1:16 pm ET

Treasury supply

Inside the auction

Who is buying, at what yield, and how much demand is showing up? Explore Treasury auction results and compare bidder participation.

All coupons2-Year3-Year5-Year7-Year10-Year20-Year30-Year
Auction results
DateSecuritySizeBid-to-cover12-meanDealersIndirectsHigh yieldTail
8 Sept 20263-Year Note$58 B2.72×2.65×10.9 %62.2 %4.474 %not computed
11 Aug 20263-Year Note$58 B2.71×2.65×11.7 %64.2 %4.291 %not computed
7 Jul 20263-Year Note$58 B2.60×2.65×7.7 %67.5 %4.179 %not computed
9 Jun 20263-Year Note$58 B2.64×2.65×15.3 %63.7 %4.192 %not computed
11 May 20263-Year Note$58 B2.54×2.65×16.9 %63.0 %3.965 %not computed
7 Apr 20263-Year Note$58 B2.68×2.65×13.3 %74.8 %3.897 %not computed
10 Mar 20263-Year Note$58 B2.55×2.65×19.5 %59.8 %3.579 %not computed
10 Feb 20263-Year Note$58 B2.62×2.65×10.9 %57.2 %3.518 %not computed
12 Jan 20263-Year Note$58 B2.65×2.65×14.0 %56.5 %3.609 %not computed
8 Dec 20253-Year Note$58 B2.64×2.65×9.0 %72.0 %3.614 %not computed
10 Nov 20253-Year Note$58 B2.85×2.65×9.7 %63.0 %3.579 %not computed
7 Oct 20253-Year Note$58 B2.66×2.65×10.7 %62.7 %3.576 %not computed
9 Sept 20253-Year Note$58 B2.73×2.65×8.4 %74.2 %3.485 %not computed
5 Aug 20253-Year Note$58 B2.53×2.65×17.9 %54.0 %3.669 %not computed
8 Jul 20253-Year Note$58 B2.51×2.65×16.5 %54.1 %3.891 %not computed
10 Jun 20253-Year Note$58 B2.52×2.65×15.2 %66.8 %3.972 %not computed
5 May 20253-Year Note$58 B2.56×2.65×13.9 %62.4 %3.824 %not computed
8 Apr 20253-Year Note$58 B2.47×2.65×20.7 %73.0 %3.784 %not computed
11 Mar 20253-Year Note$58 B2.70×2.65×11.5 %62.5 %3.908 %not computed
11 Feb 20253-Year Note$58 B2.79×2.65×10.2 %74.0 %4.300 %not computed
6 Jan 20253-Year Note$58 B2.62×2.65×19.4 %61.0 %4.332 %not computed
10 Dec 20243-Year Note$58 B2.58×2.65×15.1 %64.2 %4.117 %not computed
4 Nov 20243-Year Note$58 B2.60×2.65×19.8 %70.6 %4.152 %not computed
8 Oct 20243-Year Note$58 B2.45×2.65×19.2 %56.9 %3.878 %not computed
10 Sept 20243-Year Note$58 B2.66×2.65×10.5 %78.2 %3.440 %not computed
6 Aug 20243-Year Note$58 B2.55×2.65×15.4 %64.4 %3.810 %not computed
9 Jul 20243-Year Note$58 B2.67×2.65×14.8 %64.0 %4.399 %not computed
10 Jun 20243-Year Note$58 B2.43×2.65×20.0 %64.1 %4.659 %not computed
7 May 20243-Year Note$58 B2.63×2.65×14.9 %65.5 %4.605 %not computed
9 Apr 20243-Year Note$58 B2.50×2.65×19.3 %60.3 %4.548 %not computed
11 Mar 20243-Year Note$56 B2.60×2.65×14.4 %70.1 %4.256 %not computed
6 Feb 20243-Year Note$54 B2.58×2.65×15.7 %66.0 %4.169 %not computed
9 Jan 20243-Year Note$52 B2.67×2.65×17.9 %65.3 %4.105 %not computed
11 Dec 20233-Year Note$50 B2.42×2.65×26.2 %52.1 %4.490 %not computed
7 Nov 20233-Year Note$48 B2.67×2.65×16.3 %64.6 %4.701 %not computed
10 Oct 20233-Year Note$46 B2.56×2.65×22.1 %56.0 %4.740 %not computed
11 Sept 20233-Year Note$44 B2.75×2.65×20.3 %57.7 %4.660 %not computed
8 Aug 20233-Year Note$42 B2.90×2.65×10.3 %74.0 %4.398 %not computed
11 Jul 20233-Year Note$40 B2.88×2.65×10.8 %69.4 %4.534 %not computed
12 Jun 20233-Year Note$40 B2.70×2.65×16.7 %61.5 %4.202 %not computed
9 May 20233-Year Note$40 B2.93×2.65×13.0 %73.4 %3.695 %not computed
11 Apr 20233-Year Note$40 B2.59×2.65×17.7 %61.3 %3.810 %not computed
7 Mar 20233-Year Note$40 B2.73×2.65×16.8 %62.5 %4.635 %not computed
7 Feb 20233-Year Note$40 B2.33×2.65×19.9 %59.1 %4.073 %not computed
10 Jan 20233-Year Note$40 B2.84×2.65×17.3 %69.5 %3.977 %not computed
12 Dec 20223-Year Note$40 B2.55×2.65×17.9 %61.7 %4.093 %not computed
8 Nov 20223-Year Note$40 B2.57×2.65×20.8 %62.2 %4.605 %not computed
11 Oct 20223-Year Note$40 B2.57×2.65×27.1 %53.4 %4.318 %not computed
12 Sept 20223-Year Note$41 B2.49×2.65×23.6 %54.6 %3.564 %not computed
9 Aug 20223-Year Note$42 B2.50×2.65×19.6 %63.1 %3.202 %not computed
11 Jul 20223-Year Note$43 B2.43×2.65×20.3 %60.4 %3.093 %not computed
7 Jun 20223-Year Note$44 B2.45×2.65×24.9 %51.5 %2.927 %not computed
10 May 20223-Year Note$45 B2.59×2.65×20.0 %62.0 %2.809 %not computed
11 Apr 20223-Year Note$46 B2.48×2.65×29.0 %53.5 %2.738 %not computed
8 Mar 20223-Year Note$48 B2.39×2.65×26.3 %55.1 %1.775 %not computed
8 Feb 20223-Year Note$50 B2.45×2.65×20.3 %68.6 %1.592 %not computed
11 Jan 20223-Year Note$52 B2.47×2.65×22.8 %61.7 %1.237 %not computed
7 Dec 20213-Year Note$54 B2.43×2.65×29.8 %52.2 %1.000 %not computed
8 Nov 20213-Year Note$56 B2.33×2.65×24.3 %57.6 %0.750 %not computed
12 Oct 20213-Year Note$58 B2.36×2.65×36.9 %44.2 %0.635 %not computed

Older auctions →

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