10-Year Note Auction

Displayed in the calendar is the average yield on the notes auctioned by US Department of Treasury. US notes have maturities of 2, 3, 5, 7, and 10 years and pay interest every six months. The yield on the notes represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation.

Most recent - Wednesday 9 July 2025 17:00

Previous
4.421%
Actual
4.362%

Next event - Thursday 7 August 2025 17:00

Previous
-
Actual
-

The typical/expected market impact of this event is low.

Trading range

Announcement history

The most recent announced value for 10-Year Note Auction was 4.362%.

Past events

Date
Actual
Wednesday 9 July 2025 17:00
4.362%
Wednesday 11 June 2025 17:00
4.421%
Tuesday 6 May 2025 17:00
4.342%
Wednesday 9 April 2025 17:00
4.435%
Wednesday 12 March 2025 17:00
4.31%
Wednesday 12 February 2025 18:00
4.632%
Tuesday 7 January 2025 18:00
4.68%
Wednesday 11 December 2024 18:00
4.235%
Tuesday 5 November 2024 18:00
4.347%
Wednesday 9 October 2024 17:00
4.066%
Wednesday 11 September 2024 17:00
3.648%
Wednesday 7 August 2024 17:00
3.96%
Wednesday 10 July 2024 17:00
4.276%
Tuesday 11 June 2024 17:00
4.438%
Wednesday 8 May 2024 17:00
4.483%
Wednesday 10 April 2024 17:00
4.56%
Tuesday 12 March 2024 17:00
4.166%
Wednesday 7 February 2024 18:00
4.093%
Wednesday 10 January 2024 18:00
4.024%
Monday 11 December 2023 18:00
4.296%
Wednesday 8 November 2023 18:00
4.519%
Wednesday 11 October 2023 17:00
4.61%
Tuesday 12 September 2023 17:00
4.28%
Wednesday 9 August 2023 17:00
3.99%
Wednesday 12 July 2023 17:00
3.85%
Monday 12 June 2023 17:00
3.79%
Wednesday 10 May 2023 17:00
3.448%
Wednesday 12 April 2023 17:00
3.455%
Wednesday 8 March 2023 18:00
3.985%
Wednesday 8 February 2023 18:00
3.613%
Wednesday 11 January 2023 18:00
3.575%
Monday 12 December 2022 18:00
3.625%
Wednesday 9 November 2022 18:00
4.14%
Wednesday 12 October 2022 17:00
3.93%
Monday 12 September 2022 17:00
3.33%
Wednesday 10 August 2022 17:00
2.755%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next 10-Year Note Auction result:

PreviousLatest
Michigan Consumer Expectations IndexBearish change58.657.7
Michigan Consumer Sentiment IndexBearish change61.861.7
UoM 1-year Consumer Inflation ExpectationsBullish change4.4%4.5%
UoM 5-year Consumer Inflation ExpectationBearish change3.6%3.4%
ISM Manufacturing Employment IndexBearish change4543.4
ISM Manufacturing New Orders IndexBullish change46.447.1
ISM Manufacturing PMIBearish change4948
ISM Manufacturing Prices PaidBearish change69.764.8
Average Hourly Earnings (MoM)Bullish change0.2%0.3%
Average Hourly Earnings (YoY)Bullish change3.8%3.9%
Labor Force Participation RateBearish change62.3%62.2%
Nonfarm PayrollsBullish change14K73K
U6 Underemployment RateBearish change7.7%7.9%
Unemployment RateBearish change4.1%4.2%
Chicago PMIBullish change40.447.1
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.2%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.8%2.8%
Employment Cost Index(no change)0.9%0.9%
Initial Jobless ClaimsBearish change217K218K
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.2%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.4%2.6%
Personal Income (MoM)Bullish change-0.4%0.3%
Personal SpendingBullish change0%0.3%
Challenger Job CutsBullish change47.999K62.075K
Fed Interest Rate Decision(no change)4.5%4.5%
Pending Home Sales (MoM)Bearish change1.8%-0.8%
Core Personal Consumption Expenditures (QoQ)Bearish change3.5%2.5%
Gross Domestic Product AnnualizedBullish change-0.5%3%
Gross Domestic Product Price IndexBearish change3.8%2%
Personal Consumption Expenditures Prices (QoQ)Bearish change3.7%2.1%
ADP Employment ChangeBullish change-23K104K
JOLTS Job OpeningsBearish change7.771M7.437M
Housing Price Index (MoM)Bullish change-0.3%-0.2%
Durable Goods OrdersBearish change16.5%-9.3%
Durable Goods Orders ex DefenseBearish change15.7%-9.4%
Durable Goods Orders ex TransportationBearish change0.6%0.2%
Nondefense Capital Goods Orders ex AircraftBearish change2%-0.7%
New Home Sales Change (MoM)Bullish change-11.6%0.6%
S&P Global Composite PMIBullish change52.954.6
S&P Global Manufacturing PMIBearish change5249.5
S&P Global Services PMIBullish change52.955.2
Initial Jobless ClaimsBullish change221K217K
Existing Home Sales Change (MoM)Bearish change1%-2.7%

About 10-Year Note Auction

Country:United States
Currency:USD
Source:US Department of the Treasury
Category:Bond Auctions
Frequency:Irregular

Related events

United Kingdom
30-y Bond Auction
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