U.S. 9-year 10-month notes high yield 5.300%
TLT•The U.S. Treasury’s auction of 9-year 10-month notes had a high yield of 5.300%, a bid-to-cover ratio of 2.77 and $39.0 billion accepted.
1. Auction results
The U.S. Treasury said its auction of 9-year 10-month notes produced a high yield of 5.300% and a median yield of 5.255%. The price was 94.864261, and the bid-to-cover ratio was 2.77.
2. Bids and maturity
The Treasury accepted $39.0 billion of bids, compared with $108.1 billion in public bids tendered. The notes are scheduled to be issued Oct. 15, 2026, and mature Aug. 15, 2036.
