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

Ten-Year Note Auction Attracts Strong Demand (43 min(s), 16 sec(s) ago)
(RTTNews) - The Treasury Department continued this week's series of announcements of the resul ...Full Story»

RBI Shifts To 'Calibrated Tightening' As Rate-Hiking Cycle Begins (01 hr(s), 36 min(s), 16 sec(s) ago)
(RTTNews) - India's central bank hiked interest rates for the first time in nearly four years ...Full Story»

U.S. Crude Oil Inventories Unexpectedly Decrease By 3.2 Million Barrels (03 hr(s), 08 min(s), 16 sec(s) ago)
(RTTNews) - A report released by the Energy Information Administration on Wednesday showed an unex ...Full Story»

Luxembourg Economy Contracts 0.9% In Q2 (03 hr(s), 52 min(s), 16 sec(s) ago)
(RTTNews) - Luxembourg's economy logged a renewed contraction in the second quarter, prelimi ...Full Story»

Taiwan Inflation Highest Since February 2024 (04 hr(s), 42 min(s), 16 sec(s) ago)
(RTTNews) - Taiwan's consumer price inflation accelerated in September to the highest level in ...Full Story»

German Industrial Production Rebounds (06 hr(s), 21 min(s), 16 sec(s) ago)
(RTTNews) - Germany's industrial production rebounded in August despite summer heatwave and ge ...Full Story»

Czech Industrial Production Growth Eases; Trade Balance Turns To Deficit (06 hr(s), 37 min(s), 16 sec(s) ago)
(RTTNews) - The Czech Republic's industrial output growth moderated for the second straight mo ...Full Story»

Hungary Inflation Rises To 1.6% In September (07 hr(s), 40 min(s), 16 sec(s) ago)
(RTTNews) - Hungary's consumer price inflation increased for the second straight month in Sept ...Full Story»