Daily brief: September 9, 2026
6 releases in the September 9, 2026 editor's cut: Private industry compensation costs averaged $46.89 an hour in June; Selected services revenue was $6,418.7 billion in the second quarter; Treasury sold $39 billion of 9-year 11-month notes at a 4.834 percent high yield; and 3 more. Each has its own page. 1 further item below.
On their own pages
- Private industry compensation costs averaged $46.89 an hour in June
- Selected services revenue was $6,418.7 billion in the second quarter
The Census Bureau's Quarterly Services Survey, released September 9 as CB26-146, said U.S. selected services total revenue for the second quarter of 2026, adjusted for seasonal variation but not for price changes, was $6,418.7 billion, an increase of 3.0 percent from the first quarter of 2026 and up 7.6 percent from the second quarter of 2025. The first-quarter to second-quarter percentage change was revised from the advance estimate of 3.1 percent.
- Treasury sold $39 billion of 9-year 11-month notes at a 4.834 percent high yield
The Treasury Department's 9-year 11-month note auction on September 9 sold $39 billion of the reopened E-2036 10-year note (CUSIP 91282CRF0) at a high yield of 4.834 percent. The coupon is 4.625 percent. Median yield was 4.769 percent and low yield was 4.000 percent. Price was 98.361116. Bid-to-cover was 2.71, with 89.25 percent allotted at the high yield. Total tenders were $105,812,590,000 and total accepted $39,000,040,000, including $98,150,000 noncompetitive. SOMA accepted nothing. The August 12 original 10-year auction of the same CUSIP stopped at a 4.683 percent high yield with bid-to-cover 2.53. The notes issue September 15 and mature August 15, 2036.
- Treasury sold $72 billion of 17-week bills at a 3.895 percent high rate
The Treasury Department's 17-week bill auction on September 9 sold $72 billion of 119-day bills (CUSIP 912797WP8) at a high discount rate of 3.895 percent and an investment rate of 4.001 percent. Bid-to-cover was 2.73. Price was 98.712486. Total tenders were $202,209,305,500 and total accepted $77,647,610,500, including $5,647,542,600 accepted by SOMA outside the offering. Last Wednesday's 17-week bill (CUSIP 912797WN3) stopped at a 3.855 percent high discount rate and a 3.959 percent investment rate, with bid-to-cover 2.78. The new bills issue September 15 and mature January 12, 2027.
- Treasury General Account closed at $880.019 billion on September 8
- Mortgage applications decreased 2.7 percent; 30-year rate rose to 6.85 percent
Treasury par curve: 10-year at 4.83 percent, 2-year at 4.43 percent on September 9
The Treasury Department's daily par yield curve for September 9 listed the 2-year note at 4.43 percent, the 5-year note at 4.61 percent, the 10-year note at 4.83 percent, and the 30-year bond at 5.28 percent. Those compare with September 8 closes of 4.39 percent, 4.57 percent, 4.80 percent, and 5.25 percent. The 10-year rise of 3 basis points is below the 10-basis-point move bar the site uses for a must-file on that series alone.
- 2-year Treasury yield
- 4.43%
- 5-year Treasury yield
- 4.61%
- 10-year Treasury yield
- 4.83%
- 30-year Treasury yield
- 5.28%
Source: Daily Treasury Par Yield Curve Rates, September 2026 — U.S. Department of the Treasury.
all 4 figures found at the source
- found 2-year Treasury yield = 4.43% — at U.S. Department of the Treasury
- found 5-year Treasury yield = 4.61% — at U.S. Department of the Treasury
- found 10-year Treasury yield = 4.83% — at U.S. Department of the Treasury
- found 30-year Treasury yield = 5.28% — at U.S. Department of the Treasury
Items report what the named sources published in the window; they are not this site's own findings, and a source's framing is not a verdict on who owns the money supply. Figures are as those sources printed them. The methodology says how this page is made and what is checked.