Reopening
10-Year Treasury Note auction result for September 8, 2021
The 10-Year Treasury Note reopening held on September 8, 2021 recorded an official high rate of 1.338% and a bid-to-cover ratio of 2.59. Bid-to-cover decreased from 2.65 at the preceding comparable auction.
High yield
1.338%
Bid-to-cover
2.59
Direct bidders
15.0%
Primary dealers
11.1%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2021-09-08 | 9Y Note · reopening | High yield: 1.338% | 2.59 | $38.0B | 15.0% | 64.2% | 11.1% |
| 2021-08-11 | 10Y Note | High yield: 1.340% | 2.65 | $41.0B | 9.1% | 53.4% | 6.7% |