Auction result
10-Year Treasury Note auction result for August 7, 2024
The 10-Year Treasury Note held on August 7, 2024 recorded an official high rate of 3.960% and a bid-to-cover ratio of 2.32. Bid-to-cover decreased from 2.58 at the preceding comparable auction.
High yield
3.960%
Bid-to-cover
2.32
Direct bidders
13.4%
Primary dealers
15.0%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2024-08-07 | 10Y Note | High yield: 3.960% | 2.32 | $42.0B | 13.4% | 55.4% | 15.0% |
| 2024-07-10 | 9Y Note · reopening | High yield: 4.276% | 2.58 | $39.0B | 17.9% | 58.1% | 9.9% |
| 2024-06-11 | 9Y Note · reopening | High yield: 4.438% | 2.67 | $39.0B | 13.4% | 72.1% | 11.2% |
| 2024-05-08 | 10Y Note | High yield: 4.483% | 2.49 | $42.0B | 16.6% | 58.0% | 13.9% |
| 2024-04-10 | 9Y Note · reopening | High yield: 4.560% | 2.34 | $39.0B | 14.0% | 60.7% | 23.5% |
| 2024-03-12 | 9Y Note · reopening | High yield: 4.166% | 2.51 | $39.0B | 18.6% | 64.2% | 17.0% |
| 2024-02-07 | 10Y Note | High yield: 4.093% | 2.56 | $42.0B | 14.9% | 65.8% | 12.0% |
| 2024-01-10 | 9Y Note · reopening | High yield: 4.024% | 2.56 | $37.0B | 18.7% | 66.0% | 15.1% |
| 2023-12-11 | 9Y Note · reopening | High yield: 4.296% | 2.53 | $37.0B | 18.8% | 63.6% | 17.3% |
| 2023-11-08 | 10Y Note | High yield: 4.519% | 2.45 | $40.0B | 14.8% | 68.0% | 14.7% |
| 2023-10-11 | 9Y Note · reopening | High yield: 4.610% | 2.50 | $35.0B | 20.9% | 60.2% | 18.7% |
| 2023-09-12 | 9Y Note · reopening | High yield: 4.289% | 2.52 | $35.0B | 19.9% | 66.2% | 13.7% |
| 2023-08-09 | 10Y Note | High yield: 3.999% | 2.56 | $38.0B | 13.3% | 52.4% | 6.9% |
| 2023-07-12 | 9Y Note · reopening | High yield: 3.857% | 2.53 | $32.0B | 19.8% | 67.7% | 12.4% |
| 2023-06-12 | 9Y Note · reopening | High yield: 3.791% | 2.36 | $32.0B | 19.9% | 62.2% | 17.8% |
| 2023-05-10 | 10Y Note | High yield: 3.448% | 2.45 | $35.0B | 15.3% | 53.0% | 10.2% |
| 2023-04-12 | 9Y Note · reopening | High yield: 3.455% | 2.36 | $32.0B | 18.7% | 59.1% | 16.1% |
| 2023-03-08 | 9Y Note · reopening | High yield: 3.985% | 2.35 | $32.0B | 20.0% | 62.2% | 17.7% |
| 2023-02-08 | 10Y Note | High yield: 3.613% | 2.66 | $35.0B | 10.9% | 56.9% | 3.8% |
| 2023-01-11 | 9Y Note · reopening | High yield: 3.575% | 2.53 | $32.0B | 17.9% | 67.0% | 15.0% |
| 2022-12-12 | 9Y Note · reopening | High yield: 3.625% | 2.31 | $32.0B | 18.7% | 59.4% | 21.8% |
| 2022-11-09 | 10Y Note | High yield: 4.140% | 2.23 | $35.0B | 13.3% | 42.4% | 18.0% |
| 2022-10-12 | 9Y Note · reopening | High yield: 3.930% | 2.34 | $32.0B | 23.5% | 56.8% | 19.7% |
| 2022-09-12 | 9Y Note · reopening | High yield: 3.330% | 2.37 | $32.0B | 17.9% | 62.3% | 19.8% |