Auction result
7-Year Treasury Note auction result for May 28, 2026
The 7-Year Treasury Note held on May 28, 2026 recorded an official high rate of 4.290% and a bid-to-cover ratio of 2.52. Bid-to-cover increased from 2.51 at the preceding comparable auction.
High yield
4.290%
Bid-to-cover
2.52
Direct bidders
9.7%
Primary dealers
9.1%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2026-05-28 | 7Y Note | High yield: 4.290% | 2.52 | $44.0B | 9.7% | 68.2% | 9.1% |
| 2026-04-28 | 7Y Note | High yield: 4.175% | 2.51 | $44.0B | 26.6% | 51.7% | 10.3% |
| 2026-03-26 | 7Y Note | High yield: 4.255% | 2.43 | $44.0B | 22.6% | 56.6% | 11.2% |
| 2026-02-26 | 7Y Note | High yield: 3.790% | 2.50 | $44.0B | 23.2% | 56.7% | 9.3% |
| 2026-01-29 | 7Y Note | High yield: 4.018% | 2.45 | $44.0B | 20.7% | 62.3% | 10.2% |
| 2025-12-24 | 7Y Note | High yield: 3.930% | 2.51 | $44.0B | 28.5% | 53.2% | 8.4% |
| 2025-11-26 | 7Y Note | High yield: 3.781% | 2.46 | $44.0B | 27.1% | 50.8% | 11.7% |
| 2025-10-28 | 7Y Note | High yield: 3.790% | 2.46 | $44.0B | 26.3% | 55.7% | 12.4% |
| 2025-09-25 | 7Y Note | High yield: 3.953% | 2.40 | $44.0B | 29.9% | 53.4% | 11.4% |
| 2025-08-28 | 7Y Note | High yield: 3.925% | 2.49 | $44.0B | 11.4% | 69.0% | 8.7% |
| 2025-07-29 | 7Y Note | High yield: 4.092% | 2.79 | $44.0B | 31.5% | 58.2% | 3.8% |
| 2025-06-26 | 7Y Note | High yield: 4.022% | 2.53 | $44.0B | 10.6% | 69.7% | 10.6% |
| 2025-05-29 | 7Y Note | High yield: 4.194% | 2.69 | $44.0B | 20.7% | 62.7% | 4.2% |
| 2025-04-24 | 7Y Note | High yield: 4.123% | 2.55 | $44.0B | 23.8% | 55.4% | 14.3% |
| 2025-03-27 | 7Y Note | High yield: 4.233% | 2.53 | $44.0B | 25.3% | 59.3% | 12.3% |
| 2025-02-26 | 7Y Note | High yield: 4.194% | 2.64 | $44.0B | 22.8% | 59.9% | 8.0% |
| 2025-02-25 | 5Y Note · reopening | High yield: 4.123% | 2.42 | $70.0B | 13.2% | 67.8% | 9.6% |
| 2025-01-28 | 7Y Note | High yield: 4.457% | 2.64 | $44.0B | 21.8% | 63.3% | 9.3% |
| 2024-12-26 | 7Y Note | High yield: 4.532% | 2.76 | $44.0B | 2.8% | 86.8% | 9.2% |
| 2024-11-27 | 7Y Note | High yield: 4.183% | 2.71 | $44.0B | 24.2% | 59.9% | 9.3% |
| 2024-10-29 | 7Y Note | High yield: 4.215% | 2.74 | $44.0B | 20.2% | 70.6% | 7.3% |
| 2024-09-26 | 7Y Note | High yield: 3.668% | 2.63 | $44.0B | 19.8% | 69.1% | 8.7% |
| 2024-08-29 | 7Y Note | High yield: 3.770% | 2.50 | $44.0B | 10.3% | 69.3% | 12.7% |
| 2024-07-25 | 7Y Note | High yield: 4.162% | 2.64 | $44.0B | 15.9% | 70.4% | 8.4% |