Auction result
10-Year Treasury Inflation-Protected Security auction result for July 23, 2026
The 10-Year Treasury Inflation-Protected Security held on July 23, 2026 recorded an official high rate of 2.438% and a bid-to-cover ratio of 2.30.
High yield
2.438%
Bid-to-cover
2.30
Direct bidders
22.4%
Primary dealers
8.8%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2026-07-23 | 10Y Note | High yield: 2.438% | 2.30 | $21.0B | 22.4% | 58.3% | 8.8% |
10-Year TIPS history page is not yet available · Official result document