A weekly recap of this week's Treasury auctions: the biggest move, three headline numbers, a box score, and what is still on the calendar. Figures are official U.S. Treasury auction results, retrieved Nov 10, 2026, 11:25 p.m. CT.
Biggest mover
The 3-Year Note auctioned Nov 9, 2026 fell 30.5 bp from its previous auction of the same term, the largest move among this week's completed auctions. The high yield was 4.627%. The prior 3-Year auction on Oct 6, 2026 stopped at 4.932% (CUSIP 91282CRQ6). Bid-to-cover was 2.53. Offering amount: $58 billion. Source: TreasuryDirect results PDF.
The week in 3 numbers
- $377 billion offered at the 5 auctions with results so far this week (Monday Nov 9, 2026 through Nov 11, 2026). That is the sum of each auction's offering amount, not a measure of bids received.
- 3-Year fell 30.5 bp versus its prior same-term auction, the largest basis-point move in this week's results.
- 4.293% was the highest T-bill investment rate among this week's completed bill auctions, on the 26-Week bill auctioned Nov 9, 2026.
Auction box score
Bid-to-cover is the total amount bid divided by the amount offered. A reopening adds to an existing CUSIP; a new issue creates one. Rate is the high investment rate on bills and the high yield on notes and bonds.
| Term | Auctioned | Type | Rate | Bid-to-cover | Vs prior | Offering | Source |
|---|---|---|---|---|---|---|---|
| 13-Week Bill | Nov 9, 2026 | Reopening | 4.159% | 2.67 | +2.1 bp | $95 billion | Results PDF |
| 26-Week Bill | Nov 9, 2026 | Reopening | 4.293% | 2.92 | -0.5 bp | $82 billion | Results PDF |
| 3-Year Note | Nov 9, 2026 | New issue | 4.627% | 2.53 | -30.5 bp | $58 billion | Results PDF |
| 6-Week Bill | Nov 9, 2026 | Reopening | 4.064% | 2.59 | +5.1 bp | $100 billion | Results PDF |
| 10-Year Note | Nov 10, 2026 | New issue | 5.02% | 2.46 | -28 bp | $42 billion | Results PDF |
Source: U.S. Treasury auction results via TreasuryDirect, retrieved Nov 10, 2026, 11:25 p.m. CT. Change is versus the prior auction of the same term, in basis points. These are auction results, not offers from YieldDocket.
Coming up on the Docket
- Wednesday, Nov 11, 2026: Veterans Day. U.S. bond markets are closed.
- Nov 12, 2026: 17-Week Bill, announced, results not yet posted.
- Nov 12, 2026: 30-Year Bond, announced, results not yet posted.
- Nov 12, 2026: 4-Week Bill, announced, results not yet posted.
- Nov 12, 2026: 8-Week Bill, announced, results not yet posted.
See the full schedule on the Treasury auction calendar and this week's board on the auction board.
Word of the week: reopening
A reopening is a Treasury auction of an additional amount of a security already outstanding, under the same CUSIP, coupon and maturity. The yield is set at the new auction; the original terms stay the same. 3 of the 5 auctions with results this week were reopenings. A longer explainer is on what a Treasury reopening is.
Frequently asked questions
What is the biggest mover?
It is the completed auction this week whose high yield, or investment rate on bills, moved the most in basis points from the previous auction of the same term. This week that was the 3-year note, which fell 30.5 basis points from its Oct 6 auction.
Are more auctions still scheduled this week?
Yes. After Veterans Day on Wednesday, Nov 11, when bond markets are closed, Treasury has announced 4-week, 8-week, 17-week and 30-year auctions for Thursday, Nov 12. Results appear here after they are posted.
Where do the figures come from?
U.S. Treasury auction results via TreasuryDirect, retrieved Nov 10, 2026, 11:25 p.m. CT, and stored in the same feed that updates the auction board and calendar.