Financial News: Ten-Year Note Auction Attracts Strong Demand

Ten-Year Note Auction Attracts Strong Demand

10/07/2026 - 13:07:00 (RTTNews)

(RTTNews) - The Treasury Department continued this week's series of announcements of the results of its long-term securities auctions on Wednesday, revealing this month's sale of $39 billion worth of ten-year notes attracted well above average demand.

The ten-year note auction drew a high yield of 5.300 percent and a bid-to-cover ratio of 2.77.

Last month, the Treasury also sold $39 billion worth of ten-year notes, drawing a high yield of 4.834 percent and a bid-to-cover ratio of 2.71.

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 2.52.

On Tuesday, the Treasury revealed this month's auction of $58 billion worth of three-year notes attracted 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 $22 billion worth of thirty-year bonds.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Five-Year Note Auction Attracts Average Demand (01 hr(s), 46 min(s), 24 sec(s) ago)
(RTTNews) - Continuing this week's series of announcements of the results of its long-term sec ...Full Story»

U.S. Consumer Confidence Unexpectedly Sees Substantial Improvement In October (04 hr(s), 03 min(s), 24 sec(s) ago)
(RTTNews) - Consumer confidence in the U.S. has unexpectedly seen a substantial improvement in the ...Full Story»

U.S. New Home Sales Pull Back Much Less Than Expected In September (04 hr(s), 15 min(s), 24 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Tuesday showed a modest pullback in ne ...Full Story»

U.S. Durable Goods Orders Jump 1.8% In September, More Than Expected (04 hr(s), 50 min(s), 24 sec(s) ago)
(RTTNews) - Largely reflecting a surge in orders for transportation equipment, the Commerce Depart ...Full Story»

Finland Consumer Confidence Plummets On Joblessness, Inflation Worries (05 hr(s), 50 min(s), 24 sec(s) ago)
(RTTNews) - Finland's consumer morale sunk further in October to its lowest level in five mont ...Full Story»

U.S. Durable Goods Orders Jump More Than Expected In September (06 hr(s), 26 min(s), 24 sec(s) ago)
(RTTNews) - Largely reflecting a surge in orders for transportation equipment, the Commerce Depart ...Full Story»

Spain Unemployment Rate Rises (06 hr(s), 38 min(s), 24 sec(s) ago)
(RTTNews) - Spain's unemployment rate rose to a double-digit level in the third quarter, the s ...Full Story»

Loans To Eurozone Private Sector Log Steady Growth (07 hr(s), 04 min(s), 24 sec(s) ago)
(RTTNews) - Loans to the euro area private sector increased at a steady pace in September, data pu ...Full Story»