Auction result
2-Year Treasury Note auction result for June 23, 2026
The 2-Year Treasury Note held on June 23, 2026 recorded an official high rate of 4.189% and a bid-to-cover ratio of 2.64.
High yield
4.189%
Bid-to-cover
2.64
Direct bidders
29.4%
Primary dealers
8.8%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2026-06-23 | 2Y Note | High yield: 4.189% | 2.64 | $69.0B | 29.4% | 47.6% | 8.8% |