Reopening
10-Year Treasury Note auction result for October 12, 2021
The 10-Year Treasury Note reopening held on October 12, 2021 recorded an official high rate of 1.584% and a bid-to-cover ratio of 2.58. Bid-to-cover decreased from 2.59 at the preceding comparable auction.
High yield
1.584%
Bid-to-cover
2.58
Direct bidders
16.5%
Primary dealers
10.4%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2021-10-12 | 9Y Note · reopening | High yield: 1.584% | 2.58 | $38.0B | 16.5% | 66.1% | 10.4% |
| 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% |