Treasury auctions · 2-year note · highs and lows
What were the highest and lowest results at 2-year Treasury note auctions?
As of , the highest bid-to-cover ratio at a 2-year note auction since was 4.07 at 2 auctions, the latest on and the lowest 1.31 on .
Last updated . This page normally updates every month; the latest update is late.
Bid-to-cover ratio
Highest 4.07 at 2 auctions, the latest on ; lowest 1.31 on .
Data from .
Low 1.31 Midpoint 2.690 High 4.07
High yield
Highest 16.280% on ; lowest 0.119% on .
Data from .
Low 0.119% Midpoint 8.1995% High 16.280%
Indirect bidders' share
Highest 85.5% on ; lowest 17.7% on .
Data from .
Low 17.7% Midpoint 51.60% High 85.5%
Direct bidders' share
Highest 38.2% on ; lowest 0.1% on .
Data from .
Low 0.1% Midpoint 19.15% High 38.2%
Primary dealers' share
Highest 76.6% on ; lowest 6.9% on .
Data from .
Low 6.9% Midpoint 41.75% High 76.6%
Amount offered
Largest $69 billion at 30 auctions, the latest on ; smallest $3.5 billion on .
Data from .
Low $3.5 billion Midpoint $36.25 billion High $69.0 billion
The numbers behind the chart
What were the highest and lowest of every measure?With the latest day and how many auctions share each
The table scrolls sideways; the first column stays in place.
What do the figures leave out, and how are they cited?Limits, dates and how to cite
Auctions of exactly twenty-five million dollars, taken only by primary dealers, are left out of these comparisons.
The amount offered is compared across new issues and reopenings here: this page lists the largest and smallest amounts, not a run of like with like. Single auctions have their own pages where Treasury published the bidder amounts; a bill auction has none.
Observed .
How to cite this
U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data, Treasury Securities Auctions Data, through 22 September 2026. Compiled by 500metrics, "What were the highest and lowest results at 2-year Treasury note auctions?", https://500metrics.com/treasury/auctions/2-year-note/records.
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