The 26-Week Bill Auction is a weekly event where the U.S. Treasury sells six-month maturity debt to manage short-term liquidity. This auction is a key barometer for the 'risk-free' rate in the middle of the money market spectrum. It is closely watched by banks and money market funds to price other short-term credit instruments.
The auction uses a single-price format where all successful bidders receive the same high yield, which is determined by the competitive bidding process.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 19, 2026 | 2.34 | — | — |
| Jul 22, 2026 | 2.32 | — | — |
| Jun 24, 2026 | 2.24 | — | — |
| May 27, 2026 | 2.21 | — | — |
| Apr 22, 2026 | 2.12 | — | — |
| Mar 24, 2026 | 2.16 | — | — |
| Feb 18, 2026 | 1.84 | — | — |
| Jan 21, 2026 | 1.85 | — | — |
| Dec 23, 2025 | 2.01 | — | — |
| Nov 26, 2025 | 1.78 | — | — |
| Oct 22, 2025 | 1.76 | — | — |
