InvestingBrief
Treasury to auction $183 billion of 2-, 5- and 7-year notes, same sizes as in September
The 2-, 5- and 7-year note sales total $183 billion, with a $30 billion 2-year floating-rate note on October 28; the September sales cleared at 4.787%, 5.033% and 5.085%.
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The Treasury Department said on October 22 that it will sell $183 billion of 2-, 5- and 7-year notes in the week of October 26, the same amounts as in September, according to its auction announcements.
What was announced
| Security | Auction (competitive bids close, ET) | Amount |
|---|---|---|
| 2-year note | October 26, 1:00 p.m. | $69 billion |
| 5-year note | October 27, 1:00 p.m. | $70 billion |
| 2-year floating-rate note | October 28, 11:30 a.m. | $30 billion |
| 7-year note | October 29, 1:00 p.m. | $44 billion |
All four securities are dated October 31 and issue on November 2. Together the three fixed-rate notes total $183 billion, and $213 billion with the floating-rate note.
The recent record
The September 2-, 5- and 7-year sales were the same sizes, and the notes sold at high yields of 4.787%, 5.033% and 5.085% respectively, with bid-to-cover ratios of 2.63, 2.21 and 2.42. In August the same three auctions cleared at 4.204%, 4.393% and 4.512%. The 10-year-note auction in October, a reopening of the August 2036 note, cleared at 5.300%.
Where yields stand
The 2-year Treasury yield was 4.65% on October 22 and the 10-year yield was 4.96%, according to the Federal Reserve Bank of St. Louis.
Sources
- TreasuryDirect upcoming auctions (Offering Announcements of October 22, 2026) — US Treasury, Bureau of the Fiscal Service (TreasuryDirect)Primary source
- TreasuryDirect auctioned securities (notes, last 75 days) — US Treasury, Bureau of the Fiscal Service (TreasuryDirect)Secondary source
- Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity — Federal Reserve Bank of St. Louis (FRED)Secondary source
- Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity — Federal Reserve Bank of St. Louis (FRED)Secondary source
