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 - Tuesday 27 October 2026 17:00

Previous
5.033%
Actual
-

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

Most recent - Wednesday 23 September 2026 17:00

Previous
4.393%
Actual
5.033%

Trading range

Announcement history

The most recent announced value for 5-Year Note Auction was 5.033%.

Past events

Date
Actual
Wednesday 23 September 2026 17:00
5.033%
Wednesday 26 August 2026 17:00
4.393%
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%

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
Michigan Consumer Expectations IndexBullish change47.348.8
Michigan Consumer Sentiment IndexBullish change46.348
UoM 1-year Consumer Inflation Expectations(no change)4.7%4.7%
UoM 5-year Consumer Inflation Expectation(no change)3.5%3.5%
S&P Global Composite PMIBearish change58.457.6
S&P Global Manufacturing PMIBullish change55.956
S&P Global Services PMIBearish change58.857.9
Initial Jobless ClaimsBullish change200K194K
Pending Home Sales (MoM)Bearish change0.3%-7.3%
Building Permits (MoM)Bearish change1.403M1.4M
Housing Starts (MoM)Bearish change1.288M1.221M
ADP Employment Change 4-week averageBearish change24.75K18.5K
Monthly Budget StatementBullish change$-166.8B$-27B
Industrial Production (MoM)Bullish change0.1%0.7%
Initial Jobless ClaimsBearish change198K199K
NY Empire State Manufacturing IndexBullish change7.625.5
Philadelphia Fed Manufacturing SurveyBearish change37.820.9
Producer Price Index (MoM)Bullish change0.5%1.3%
Producer Price Index (YoY)Bullish change5.6%6.3%
Producer Price Index ex Food & Energy (MoM)Bullish change0.2%0.7%
Producer Price Index ex Food & Energy (YoY)Bullish change4.8%5%
Retail Sales (MoM)Bearish change1.3%0.8%
Retail Sales Control GroupBearish change1.2%0.1%
Retail Sales ex Autos (MoM)Bearish change1.4%0.9%
Consumer Price Index (MoM)Bullish change0.4%0.6%
Consumer Price Index (YoY)Bullish change3.4%3.7%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Consumer Price Index ex Food & Energy (YoY)Bullish change2.4%2.6%
Existing Home Sales Change (MoM)Bullish change-3.2%1.5%
ADP Employment Change 4-week averageBearish change25.25K24.75K

About 5-Year Note Auction

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