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Release · 2026-10-27 to 2026-10-27

Treasury sold $70 billion of 5-year notes at a 4.845 percent high yield on October 27

Treasury auctioned 70 billion dollars of 5-year notes (CUSIP 91282CRT0) on Tuesday, October 27, 2026, at a high yield of 4.845 percent, down 18.8 basis points from 5.033 percent at the September 23 auction. The coupon rate is 4.750 percent, against 5.000 percent in September. Bid-to-cover was 2.33, against 2.21. The price per 100 was 99.582397, and 98.60 percent of bids at the high yield were allotted. The high yield is still 45.2 basis points above 4.393 percent at the August 26 auction. The notes issue November 2, 2026, and mature October 31, 2031.

Offering amount
$70,000,000,000 2026-10-27 · prior $70,000,000,000 (2026-09-23)
High yield
4.84% 2026-10-27 · prior 5.03% (2026-09-23)
High yield, August auction
4.39% 2026-08-26
Coupon rate
4.75% 2026-10-27 · prior 5% (2026-09-23)
Bid-to-cover ratio
2.33 2026-10-27 · prior 2.21 (2026-09-23)
Price per 100
99.582 2026-10-27 · prior 99.856 (2026-09-23)
Share allotted at the high yield
98.6% 2026-10-27 · prior 30.34% (2026-09-23)
5-year note auction high yieldpercent4%4.2%4.4%4.6%4.8%5%5.2%May 27Jun 24Jul 27Aug 26Sep 23Oct 27U.S. Treasury auction results, May 27 to October 27, 2026 · vertical axis does not start at zero
5-year note auction high yield. U.S. Treasury auction results, May 27 to October 27, 2026. Share card.

Source: Treasury auction results, 5-year note CUSIP 91282CRT0, auctioned October 27, 2026 — U.S. Department of the Treasury, TreasuryDirect. Also: Treasury auction results, 5-year note CUSIP 91282CRN3, auctioned September 23, 2026, Treasury auctions query, 5-year notes since May 2026.

all 7 figures found at the source
  • found Offering amount = $70,000,000,000 — at U.S. Department of the Treasury, TreasuryDirect
  • found High yield = 4.84% — at U.S. Department of the Treasury, TreasuryDirect
  • found High yield, August auction = 4.39% — at U.S. Department of the Treasury, Fiscal Data
  • found Coupon rate = 4.75% — at U.S. Department of the Treasury, TreasuryDirect
  • found Bid-to-cover ratio = 2.33 — at U.S. Department of the Treasury, TreasuryDirect
  • found Price per 100 = 99.582 — at U.S. Department of the Treasury, TreasuryDirect
  • found Share allotted at the high yield = 98.6% — 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 27, 2026, updated Oct 28, 2026.

This page is one print. The daily brief for October 27, 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.