Financial News: Ten-Year Note Auction Attracts Modestly Above Average Dema

Ten-Year Note Auction Attracts Modestly Above Average Demand

08/12/2026 - 13:08:00 (RTTNews)

(RTTNews) - Continuing this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Wednesday revealed this month's sale of $42 billion worth of ten-year notes attracted modestly above average demand.

The ten-year note auction drew a high yield of 4.683 percent and a bid-to-cover ratio of 2.53.

Last month, the Treasury sold $39 billion worth of ten-year notes, drawing a high yield of 4.580 percent and a bid-to-cover ratio of 2.59.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous ten-year note auctions had an average bid-to-cover ratio of 2.48.

On Tuesday, the Treasury revealed this month's sale of $58 billion worth of three-year notes attracted above average demand.

The Treasury is due to finish off this week's series of announcements of the results of its long-term securities auctions on Thursday by revealing the results of this month's sale of $25 billion worth of thirty-year bonds.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

ECB Raises Deposit Rate To 2.50% Amid Inflation Fears (01 hr(s), 01 min(s), 47 sec(s) ago)
(RTTNews) - The European Central Bank raised interest rates on Thursday, as expected, prompted by ...Full Story»

U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025 (01 hr(s), 05 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the National Association of Realtors on Thursday showed an extend ...Full Story»

Irish Inflation Rises To 3.7% In August (01 hr(s), 21 min(s), 47 sec(s) ago)
(RTTNews) - Ireland's consumer price inflation increased in August to the highest level in fou ...Full Story»

U.S. Producer Prices Increase 0.4% In August, In Line With Estimates (01 hr(s), 27 min(s), 47 sec(s) ago)
(RTTNews) - Producer prices in the U.S. increased in line with economist estimates in the month of ...Full Story»

U.S. Jobless Claims Unexpectedly Edge Down To 206,000 (01 hr(s), 47 min(s), 47 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing a slight dip i ...Full Story»

Denmark Inflation Rises To 2.0%, Highest In 9 Months (01 hr(s), 58 min(s), 47 sec(s) ago)
(RTTNews) - Denmark's consumer price inflation increased in August to the highest level in nin ...Full Story»

Czech Inflation Confirmed At 1.9% (02 hr(s), 48 min(s), 47 sec(s) ago)
(RTTNews) - Czechia's consumer price inflation accelerated further as estimated initially in A ...Full Story»

Turkey Central Bank Keeps Rates Unchanged (02 hr(s), 53 min(s), 47 sec(s) ago)
(RTTNews) - Turkey's central bank left its key interest rates unchanged on Thursday amid conce ...Full Story»