5-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.

Next event - Wednesday 26 August 2026 17:00

Previous
4.408%
Actual
-

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

Most recent - Monday 27 July 2026 17:00

Previous
4.2%
Actual
4.408%

Trading range

Announcement history

The most recent announced value for 5-Year Note Auction was 4.408%.

Past events

Date
Actual
Monday 27 July 2026 17:00
4.408%
Wednesday 24 June 2026 17:00
4.2%
Wednesday 27 May 2026 17:00
4.182%
Monday 27 April 2026 17:00
3.955%
Wednesday 25 March 2026 17:00
3.98%
Wednesday 25 February 2026 18:00
3.615%
Tuesday 27 January 2026 18:00
3.823%
Tuesday 23 December 2025 18:00
3.747%
Tuesday 25 November 2025 18:00
3.562%
Monday 27 October 2025 17:00
3.625%
Wednesday 24 September 2025 17:00
3.71%
Wednesday 27 August 2025 17:00
3.724%
Monday 28 July 2025 17:00
3.983%
Wednesday 25 June 2025 17:00
3.879%
Wednesday 28 May 2025 17:00
4.071%
Wednesday 23 April 2025 17:00
3.995%
Wednesday 26 March 2025 17:00
4.1%
Tuesday 25 February 2025 18:00
4.123%
Monday 27 January 2025 18:00
4.33%
Tuesday 24 December 2024 18:00
4.478%
Tuesday 26 November 2024 18:00
4.197%
Monday 28 October 2024 17:00
4.138%
Wednesday 25 September 2024 17:00
3.519%
Wednesday 28 August 2024 17:00
3.645%
Wednesday 24 July 2024 17:00
4.121%
Wednesday 26 June 2024 17:00
4.331%
Tuesday 28 May 2024 17:00
4.553%
Wednesday 24 April 2024 17:00
4.659%
Tuesday 26 March 2024 17:00
4.235%
Monday 26 February 2024 18:00
4.32%
Wednesday 24 January 2024 18:00
4.055%
Wednesday 27 December 2023 18:00
3.801%
Monday 27 November 2023 18:00
4.42%
Wednesday 25 October 2023 17:00
4.899%
Wednesday 27 September 2023 17:00
4.659%
Monday 28 August 2023 17:00
4.4%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next 5-Year Note Auction result:

PreviousLatest
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.1%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)3.3%3.3%
Core Personal Consumption Expenditures (QoQ)Bullish change3.4%3.7%
Durable Goods OrdersBullish change0.5%1.1%
Durable Goods Orders ex DefenseBullish change0.5%1.3%
Durable Goods Orders ex TransportationBearish change0.7%0.4%
Gross Domestic Product Annualized(no change)1.5%1.5%
Gross Domestic Product Price IndexBullish change6.3%6.4%
Nondefense Capital Goods Orders ex AircraftBearish change1.2%0.2%
Personal Consumption Expenditures - Price Index (MoM)Bullish change-0.1%0.2%
Personal Consumption Expenditures - Price Index (YoY)(no change)3.7%3.7%
Personal Consumption Expenditures Prices (QoQ)Bullish change5.1%5.3%
Personal Income (MoM)Bullish change0.2%0.4%
Personal SpendingBearish change0.3%0.2%
New Home Sales Change (MoM)Bearish change7.6%-10.5%
Housing Price Index (MoM)Bearish change0.3%0%
ADP Employment Change 4-week averageBullish change9.5K11.75K
S&P Global Composite PMIBullish change54.556
S&P Global Manufacturing PMIBearish change53.953.2
S&P Global Services PMIBullish change54.656.8
Initial Jobless ClaimsBullish change212K206K
Philadelphia Fed Manufacturing SurveyBullish change41.447.4
Pending Home Sales (MoM)Bullish change-4.8%-2.3%
Industrial Production (MoM)Bearish change0.3%0.2%
Building Permits (MoM)Bullish change1.374M1.443M
Housing Starts (MoM)Bearish change1.415M1.239M
ADP Employment Change 4-week averageBullish change8.25K9.5K
NY Empire State Manufacturing IndexBullish change15.620.6
Michigan Consumer Expectations IndexBearish change55.450.6
Michigan Consumer Sentiment IndexBearish change55.251
UoM 1-year Consumer Inflation ExpectationsBullish change4.2%4.3%
UoM 5-year Consumer Inflation Expectation(no change)3.3%3.3%
Retail Sales (MoM)Bearish change0.2%-0.6%
Retail Sales Control GroupBearish change0.4%-0.4%
Retail Sales ex Autos (MoM)Bearish change-0.2%-0.3%
Initial Jobless ClaimsBearish change200K209K
Producer Price Index (MoM)Bullish change-0.1%0%
Producer Price Index (YoY)Bearish change5.5%4.7%
Producer Price Index ex Food & Energy (MoM)Bearish change0.4%0.2%
Producer Price Index ex Food & Energy (YoY)Bearish change4.7%4.2%
Monthly Budget StatementBearish change$-120B$-432B

About 5-Year Note Auction

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

Related events

Spain
30-y Bond Auction
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