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Release · 2026-10-26 to 2026-10-26

Treasury sold $69 billion of 2-year notes at a 4.708 percent high yield on October 26

Treasury auctioned 69 billion dollars of 2-year notes (CUSIP 91282CRU7) on Monday, October 26, 2026, at a high yield of 4.708 percent, down 7.9 basis points from 4.787 percent at the September 22 auction. The coupon rate is 4.625 percent, against 4.750 percent in September. Bid-to-cover was 2.59, against 2.63. The price per 100 was 99.843155, and 80.83 percent of bids at the high yield were allotted. The high yield is still 50.4 basis points above 4.204 percent at the August 25 auction. The notes issue November 2, 2026, and mature October 31, 2028.

Offering amount
$69,000,000,000 2026-10-26 · prior $69,000,000,000 (2026-09-22)
High yield
4.71% 2026-10-26 · prior 4.79% (2026-09-22)
High yield, August auction
4.2% 2026-08-25
Coupon rate
4.63% 2026-10-26 · prior 4.75% (2026-09-22)
Bid-to-cover ratio
2.59 2026-10-26 · prior 2.63 (2026-09-22)
Price per 100
99.843 2026-10-26 · prior 99.93 (2026-09-22)
Share allotted at the high yield
80.83% 2026-10-26 · prior 33.42% (2026-09-22)
2-year note auction high yieldpercent4%4.2%4.4%4.6%4.8%May 26Jun 23Jul 27Aug 25Sep 22Oct 26U.S. Treasury auction results, May 26 to October 26, 2026 · vertical axis does not start at zero
2-year note auction high yield. U.S. Treasury auction results, May 26 to October 26, 2026. Share card.

Source: Treasury auction results, 2-year note CUSIP 91282CRU7, auctioned October 26, 2026 — U.S. Department of the Treasury, TreasuryDirect. Also: Treasury auction results, 2-year note CUSIP 91282CRP8, auctioned September 22, 2026, Treasury auction results, 2-year notes since May 2026.

all 7 figures found at the source
  • found Offering amount = $69,000,000,000 — at U.S. Department of the Treasury, TreasuryDirect
  • found High yield = 4.71% — at U.S. Department of the Treasury, TreasuryDirect
  • found High yield, August auction = 4.2% — at U.S. Department of the Treasury, TreasuryDirect
  • found Coupon rate = 4.63% — at U.S. Department of the Treasury, TreasuryDirect
  • found Bid-to-cover ratio = 2.59 — at U.S. Department of the Treasury, TreasuryDirect
  • found Price per 100 = 99.843 — at U.S. Department of the Treasury, TreasuryDirect
  • found Share allotted at the high yield = 80.83% — at U.S. Department of the Treasury, TreasuryDirect

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Oct 26, 2026.

This page is one print. The daily brief for October 26, 2026 is the editor's cut of what mattered that day. Figures are as the named sources printed them. The methodology says how this page is made and what is checked.