Last updated: 14 October 2026 When does the US Treasury sell its next bills, notes and bonds, and how did recent auctions go? We pulled the official upcoming-auction schedule and recent results from the Treasury’s Fiscal Data API on 14 October 2026.
The Treasury has 8 auctions scheduled from 14 to 22 October 2026: six bill auctions, a 20-year bond reopening on 21 October and a 5-year note on 22 October. The three bill sizes already announced total $290 billion.
Yields at auction have climbed: the 10-year note sold at 5.300% on 7 October 2026, up from 4.580% on 8 July, and the 30-year bond at 5.618%, up from 5.058%.
The 2-year note’s auction yield rose from 4.315% in July to 4.787% in September, a period that included the Fed’s rate rise on 17 September.
Demand, measured by bid-to-cover, ranged from 2.21 to 2.77 across the 24 fixed-rate note and bond auctions since July. The weakest was the 5-Year on Wed 23 Sep 2026.
Upcoming Treasury auctions
| Auction date | Type | Term | Offering size | Announced | Issue date | CUSIP |
|---|---|---|---|---|---|---|
| Wed 14 Oct 2026 | Bill | 17-Week | $75B | Tue 13 Oct 2026 | Tue 20 Oct 2026 | 912797WZ6 |
| Thu 15 Oct 2026 | Bill | 4-Week | $110B | Tue 13 Oct 2026 | Tue 20 Oct 2026 | 912797VX2 |
| Thu 15 Oct 2026 | Bill | 8-Week | $105B | Tue 13 Oct 2026 | Tue 20 Oct 2026 | 912797WF0 |
| Mon 19 Oct 2026 | Bill | 13-Week | Not yet announced | Thu 15 Oct 2026 | Thu 22 Oct 2026 | 912797TM9 |
| Mon 19 Oct 2026 | Bill | 26-Week | Not yet announced | Thu 15 Oct 2026 | Thu 22 Oct 2026 | 912797WV5 |
| Tue 20 Oct 2026 | Bill | 6-Week | Not yet announced | Thu 15 Oct 2026 | Thu 22 Oct 2026 | 912797VA2 |
| Wed 21 Oct 2026 | Bond | 19-Year 10-Month | Not yet announced | Thu 15 Oct 2026 | Fri 23 Oct 2026 | 912810UX4 |
| Thu 22 Oct 2026 | Note | 5-Year | Not yet announced | Thu 15 Oct 2026 | Fri 30 Oct 2026 | 91282CRR4 |
Note and bond auctions close for competitive bids at 1:00 PM ET and results come out shortly after. Bills close at 11:30 AM ET. A size shows as “not yet announced” until the Treasury publishes the auction announcement, usually a few days before.
Fixed-rate note and bond auction results since July 2026
| Auction date | Security | Size | High yield | Bid-to-cover |
|---|---|---|---|---|
| Thu 8 Oct 2026 | 30-Year (reopening) | $22B | 5.618% | 2.54 |
| Wed 7 Oct 2026 | 10-Year (reopening) | $39B | 5.300% | 2.77 |
| Tue 6 Oct 2026 | 3-Year | $58B | 4.932% | 2.62 |
| Thu 24 Sep 2026 | 7-Year | $44B | 5.085% | 2.42 |
| Wed 23 Sep 2026 | 5-Year | $70B | 5.033% | 2.21 |
| Tue 22 Sep 2026 | 2-Year | $69B | 4.787% | 2.63 |
| Tue 15 Sep 2026 | 20-Year (reopening) | $13B | 5.420% | 2.57 |
| Thu 10 Sep 2026 | 30-Year (reopening) | $22B | 5.308% | 2.61 |
| Wed 9 Sep 2026 | 10-Year (reopening) | $39B | 4.834% | 2.71 |
| Tue 8 Sep 2026 | 3-Year | $58B | 4.474% | 2.72 |
| Thu 27 Aug 2026 | 7-Year | $44B | 4.512% | 2.50 |
| Wed 26 Aug 2026 | 5-Year | $70B | 4.393% | 2.37 |
| Tue 25 Aug 2026 | 2-Year | $69B | 4.204% | 2.60 |
| Wed 19 Aug 2026 | 20-Year | $16B | 5.204% | 2.53 |
| Thu 13 Aug 2026 | 30-Year | $25B | 5.216% | 2.39 |
| Wed 12 Aug 2026 | 10-Year | $42B | 4.683% | 2.53 |
| Tue 11 Aug 2026 | 3-Year | $58B | 4.291% | 2.71 |
| Tue 28 Jul 2026 | 7-Year | $44B | 4.473% | 2.49 |
| Mon 27 Jul 2026 | 2-Year | $69B | 4.315% | 2.66 |
| Mon 27 Jul 2026 | 5-Year | $70B | 4.408% | 2.28 |
| Wed 22 Jul 2026 | 20-Year (reopening) | $13B | 5.163% | 2.64 |
| Thu 9 Jul 2026 | 30-Year (reopening) | $22B | 5.058% | 2.44 |
| Wed 8 Jul 2026 | 10-Year (reopening) | $39B | 4.580% | 2.59 |
| Tue 7 Jul 2026 | 3-Year | $58B | 4.179% | 2.60 |
High yield is the highest accepted yield, the rate the whole auction clears at. Bid-to-cover is total bids divided by the amount sold; a lower number means weaker demand. TIPS and floating-rate notes are left out.
Why traders watch auctions
Big auctions can move Treasury futures such as ZN and ZB, and a weak result around 1:00 PM ET can spill into index futures. Most prop firms do not list auctions as restricted news, but traders who hold bond futures often avoid opening positions just before the result. See our rates desk and news trading calendar.
Sources
- Treasury Fiscal Data: Upcoming Auctions, read 14 October 2026.
- Treasury Fiscal Data: Treasury Securities Auctions Data (auction results), read 14 October 2026.
- TreasuryDirect: upcoming auctions.
Method
Upcoming auctions are every entry in the Treasury’s upcoming-auctions dataset with an auction date on or after 14 October 2026. Results are note and bond auctions since 1 July 2026 that are neither inflation-protected (TIPS) nor floating-rate.
Reopenings sell more of an existing security, so the remaining term is slightly shorter than the original (a 10-year reopened a month later shows as 9 years 10 months). We label them by original term.
Caveats
The schedule can change. The Treasury announces each auction’s size and details a few days before; check TreasuryDirect on the day.
The 22 October 5-year auction is shown as the Treasury lists it before announcement; its exact type will be confirmed in the announcement.
This is reference information, not trading advice.
How to cite this
Prop Data Lab, “US Treasury Auction Calendar”, updated 14 October 2026, https://propdatalab.com/us-treasury-auction-calendar/
The table and the CSV are free to reuse under CC BY 4.0: copy, chart or republish them, commercial use included, as long as you link back to this page. Data from the US Treasury Fiscal Data API.
Common questions
When is the next Treasury auction?
A 17-week bill auction on 14 October 2026, followed by 8-week and 4-week bills on 15 October. The next coupon auction is the 20-year bond reopening on 21 October 2026.
What time are Treasury auction results released?
Note and bond auctions close at 1:00 PM ET and results follow within minutes. Bill auctions close at 11:30 AM ET.
What does bid-to-cover mean?
Total bids divided by the amount sold. A ratio of 2.5 means investors bid for two and a half times what was on offer.
Do Treasury auctions move futures?
They can, especially 10-year and 30-year auctions. A result that clears well above the yield traded just before 1:00 PM is called a tail and can push bond futures lower.