Auction result
3-Year Treasury Note auction result for August 11, 2026
The 3-Year Treasury Note held on August 11, 2026 recorded an official high rate of 4.291% and a bid-to-cover ratio of 2.71. Bid-to-cover increased from 2.60 at the preceding comparable auction.
High yield
4.291%
Bid-to-cover
2.71
Direct bidders
19.0%
Primary dealers
9.3%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2026-08-11 | 3Y Note | High yield: 4.291% | 2.71 | $58.0B | 19.0% | 50.7% | 9.3% |
| 2026-07-07 | 3Y Note | High yield: 4.179% | 2.60 | $58.0B | 22.3% | 60.9% | 7.0% |
| 2026-06-09 | 3Y Note | High yield: 4.192% | 2.64 | $58.0B | 20.9% | 63.4% | 15.2% |
| 2026-05-11 | 3Y Note | High yield: 3.965% | 2.54 | $58.0B | 16.2% | 50.5% | 13.6% |
| 2026-04-07 | 3Y Note | High yield: 3.897% | 2.68 | $58.0B | 10.1% | 63.3% | 11.2% |
| 2026-03-10 | 3Y Note | High yield: 3.579% | 2.55 | $58.0B | 20.6% | 59.6% | 19.4% |
| 2026-02-10 | 3Y Note | High yield: 3.518% | 2.62 | $58.0B | 24.8% | 44.3% | 8.5% |
| 2026-01-12 | 3Y Note | High yield: 3.609% | 2.65 | $58.0B | 22.7% | 43.4% | 10.8% |
| 2025-12-08 | 3Y Note | High yield: 3.614% | 2.64 | $58.0B | 18.9% | 71.6% | 9.0% |
| 2025-11-10 | 3Y Note | High yield: 3.579% | 2.85 | $58.0B | 23.5% | 54.2% | 8.4% |
| 2025-10-07 | 3Y Note | High yield: 3.576% | 2.66 | $58.0B | 26.0% | 61.4% | 10.5% |
| 2025-09-09 | 3Y Note | High yield: 3.485% | 2.73 | $58.0B | 17.3% | 74.0% | 8.3% |
| 2025-08-05 | 3Y Note | High yield: 3.669% | 2.53 | $58.0B | 21.0% | 40.2% | 13.3% |
| 2025-07-08 | 3Y Note | High yield: 3.891% | 2.51 | $58.0B | 26.2% | 48.3% | 14.7% |
| 2025-06-10 | 3Y Note | High yield: 3.972% | 2.52 | $58.0B | 17.7% | 65.4% | 14.9% |
| 2025-05-05 | 3Y Note | High yield: 3.824% | 2.56 | $58.0B | 17.4% | 45.9% | 10.2% |
| 2025-04-08 | 3Y Note | High yield: 3.784% | 2.47 | $58.0B | 5.3% | 62.4% | 17.7% |
| 2025-03-11 | 3Y Note | High yield: 3.908% | 2.70 | $58.0B | 25.5% | 61.3% | 11.2% |
| 2025-02-11 | 3Y Note | High yield: 4.300% | 2.79 | $58.0B | 12.3% | 57.6% | 7.9% |
| 2025-01-06 | 3Y Note | High yield: 4.332% | 2.62 | $58.0B | 16.1% | 49.8% | 15.8% |
| 2024-12-10 | 3Y Note | High yield: 4.117% | 2.58 | $58.0B | 20.4% | 63.2% | 14.9% |
| 2024-11-04 | 3Y Note | High yield: 4.152% | 2.60 | $58.0B | 7.7% | 56.6% | 15.8% |
| 2024-10-08 | 3Y Note | High yield: 3.878% | 2.45 | $58.0B | 23.6% | 55.9% | 18.8% |
| 2024-09-10 | 3Y Note | High yield: 3.440% | 2.66 | $58.0B | 11.1% | 77.1% | 10.3% |