November 11, 2026

Budget, Personal Loans

Treasury Sells $42 Billion in 10-Year Notes at 5.020% as Dealers Take 9.8%

The neoclassical stone facade and columns of the United States Treasury Department building in late afternoon autumn light, with bare tree branches at the edge of the frame

Treasury sold $42 billion of 10-year notes on November 10 at a 5.020% high yield with a 5.000% coupon. Bid-to-cover slipped to 2.46 and dealers took 9.8%.

Mitch Strohm
November 11, 2026